|
RECENT
AND NOTEWORTHY ADDITIONS . . .
January
26, 2010 - Bank holding
companies boasted the best insurance brokerage fee income in five
quarters, with third quarter insurance brokerage fee income
reaching $3.05 billion, up 11.7% compared to $2.73 billion in third quarter 2008, according to the
Michael White-Prudential Bank Fee Income Report™.
Click
here to read more.
January
20, 2010 -
Third quarter annuity commissions at bank holding companies
were 12.9% higher than in the second quarter and total income earned from the sale of annuities
in the first three quarters of 2009 rose 2.5% to $2.00 billion, up from $1.95 billion in the first three quarters of 2008, according to the
Michael White-ABIA Bank Annuity Fee Income Report.
Click
here to read more.
November
11, 2009 - Bank holding company securities brokerage income totaled $16.38 billion year-to-date at the end of second quarter 2009, up $6.99 billion or 74.5% from $9.39 billion in first half 2008, according to the
Michael White Bank Securities Brokerage Income Report.
Click
here to read more.
October
27, 2009 - Total
insurance revenue at the nation’s bank holding companies (BHC)
remained steady in the first half of 2009. GMAC (MI),
CitiGroup (NY), Wells Fargo & Company (CA), and BB&T
Corporation (NC) led all bank holding companies in total insurance
fee income, according to findings released today by
Michael White Associates
(MWA) and the
American Bankers Insurance Association (ABIA).
Click
here to read more.
October
20, 2009 - Bank holding company
insurance brokerage fee income held up relatively well in the first of half
2009, according to the Michael White-Prudential Bank Fee Income Report.
BHC insurance brokerage income basically stayed level at $3.02 billion in second quarter 2009 compared to $3.03 billion in first
quarter.
Click
here to read more.
October
6, 2009 - Commercial banks and FDIC-supervised savings
banks reported record bank-owned life insurance (BOLI) assets of $115 billion in the first six months of 2009, reflecting a 2.5% increase from $112.1 billion in the first half of 2008, according to
the Michael White-Meyer-Chatfield BOLI Holdings Report.
Click
here to read more.
|
