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January 27, 2010, News, Annuities

Bank Annuity Fee Income Rose 12.9% in 3Qtr 2009

By Editorial Staff   Wed, Jan 27, 2010

Through September 30, 2009, bank holding companies earned $2 billion from the sale of annuities, a 2.5% increase over the first nine months of 2008, according to the Michael White-ABIA Bank Annuity Fee Income Report.


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