NU Online News Service, Aug. 13, 4:35 p.m. – The Bank Securities Association, Wayne, Pa., says monthly sales productivity statistics for the bank securities industry showed modest increases in June.
Broker productivity in June increased to $25,556, up from $25,051 in the previous month. At the same time, licensed banker productivity increased to $2,546, from $2,535.
BSA’s index of bank broker/dealer revenue rose to 122 in June, up two points from May. The BSA set the baseline index value, 100, in 1998.