NU Online News Service, July 31, 2003, 5:11 p.m. EDT – Bank broker-dealers were about as productive in June as they were in June 2002, according to the Bank Insurance and Securities Association, Wayne, Pa.
Bank investment reps who hold Series 7 retail licenses generated an average of $26,462 in gross commission revenues per month in June, down from $26,473 in June 2002, BISA says.
But the productivity of licensed bankers fell to $1,972 in monthly gross commissions, from $2,118.
