Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Industry Spotlight > Broker Dealers

BSA: May Bank Production Mixed

Your article was successfully shared with the contacts you provided.

NU Online News Service, July 10, 12:59 p.m. – U.S. bank investment sales continued to improve in May, according to the Bank Securities Association, Wayne, Pa.

Bank brokers generated an average of $30,114 in investment sales in May, up 9% from April.

Licensed bankers averaged $2,707 in production in May, down 9% from April, but still above the level for May 2001.

The BSA index of bank broker-dealer sales revenue fell slightly to 133, from 137 in April. The index is based on a benchmark of 100 set in 1998.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.