RECENT AND NOTEWORTHY ADDITIONS . . .
June 9, 2014
- Bank holding companies boasted a record $134.6 billion in wealth management income in 2013, according to the new Sorrento Pacific - Michael White Bank Wealth Management Report. Of 1,062 large top-tier BHCs, 573 or 54.0% engaged in wealth management activities in 2013.
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May 13, 2014
- Bank holding companies saw a slight gain in insurance brokerage fee income in 2013, reaching $6.22 billion, a 0.3% rise over 2012, according to the Michael White-Succeed Advisors Bank Insurance Fee Income Report. Losses at 20 big banking companies were largely to blame for the flat industry performance, which would have otherwise increased by more than 12.0%.
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April 8, 2014 - Income earned from annuity sales at bank holding companies rose 9.0% to a record $3.43 billion in 2013, according to the
Michael White Bank Annuity Fee Income Report
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March 24, 2014 -
Bank-owned life insurance (BOLI) assets reached nearly $143.84 billion in 2013, up from the amount held by commercial banks, savings banks and savings associations during the previous year, according to the 2014 edition of the
Equias Alliance / Michael White Bank-Owned Life Insurance (BOLI) Holdings Report
Click here to read more about how Bank-Owned Life Insurance (BOLI) Assets Reached Nearly $144 Billion in 2013.
March 17, 2014 -
Community bank investment programs had their best year yet in 2013 - in fact during every quarter of 2013 they reported the highest investment program fee income in the recorded history of community bank programs, according to the
Michael White-Securities America Report: Community Bank Investment Programs.
Click here to read more about how community bank investment programs had their best year yet in 2013 .