Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.
They earned $89.74 billion in wealth management income through the first nine months of 2012, down 2.7% from the same period in 2011, according to a study released Wednesday by consulting firms Michael White Associates and Investment Professionals. The report was based on data from over 7,100 banks and thrifts and their holding companies.
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