Some regional banks are finding that in the asset-management business, the middle is a tough place to be.
Banks' big post-crisis push into the asset-management business has so far yielded mixed results. It's provided fee income at a crucial time, but massive competition for customers as well as advisers has tightened margins even for banks that have seen robust revenue growth.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access