NU Online News Service, Sept. 9, 4:10 p.m. – Poor stock-market conditions continued to erode bank investment reps’ productivity during July, reports the Bank Securities Association, Wayne, Pa.
However, bank reps’ productivity was down only slightly from year-ago levels, BSA says.
Broker sales productivity in July was $23,358, down from $26,473 in June. Sales productivity of licensed bankers fell to $1,968, from $2,118 in June.