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Banks, holding companies increase annuity-fee income
Report says money earned in first quarter hit highest point since early in 2007
July 28, 2011
Income earned from the sale of annuities at bank holding companies rose 28 percent to $748.2 million in the 2011 first quarter, up from $582.6 million in the year-earlier quarter, says a recently released bank annuity fee income report. That's