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Banks Report Drop in Insurance Brokerage Income

Sunday, Dec 01 2013

News Roundup

Written by PFA News

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Income from insurance brokerage operations at banks declined 13.2% during the first half of 2013 on a year-over-year basis. So reports Financial Planning.

The primary reason for the drop is a $707 billion decline in revenue at Wells Fargo and Citigroup.

Read the full article from Financial Planning.

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