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Author:Koenig, Corey M. 

Journal Article
Mutual funds and annuities at Tenth District banks

Mutual funds are today's second-largest financial industry in the United States, second only to commercial banks. Since 1990, mutual fund assets have more than doubled to $2.3 trillion. Such rapid growth, coupled with the desire of banks to expand into new financial services, has prompted up to one-fourth of all U.S. commercial banks to begin selling mutual funds and annuities. Some banks have even begun to manage and provide investment advice to their own mutual fund companies. This article shows that many commercial banks in the Tenth District states are following the national trend, with ...
Regional Economic Digest , Issue Q III , Pages 15-19

Journal Article
Continued strength at Tenth District banks

Commercial banks in Tenth District states continued to perform well in the first half of 1994. Profitability leveled off at a high level, asset quality improved, and loan growth accelerated. Based on these performance measures, banks in district states once again outperformed banks in the rest of the nation.
Regional Economic Digest , Issue Q IV , Pages 7-10

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