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Bank Broker Revenue Up In May

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NU Online News Service, July 20, 5:15 p.m. – The Bank Securities Association, Washington, says bank broker revenue increased to $25,051 in May, up from $23,046 the month before.

Licensed banker productivity increased to $2,535, from $2,434 in April. Meanwhile, the BSA index of bank broker/dealer revenue rose to 120 points, based on a benchmark of 100 set in 1998.