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FDIC Banking Review


Vol. 8 No. 3 - Article II - Published: February, 1996 - Summary

Banks and Mutual Funds
by Jay W. Golter

Mutual funds are the fastest-growing segment of the financial-services industry. The author traces the growth of mutual funds and describes the major functionaries employed by a mutual fund, including banks and bank holding companies. The study also examines how banks have entered the distribution channel by selling mutual funds to their customers.

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