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Securities brokerage income up at BHC

Securities brokerage income shot up 73% at bank holding companies during the first quarter, hitting $4.74 billion.

Securities brokerage income shot up 73% at bank holding companies during the first quarter, hitting $4.74 billion.
That is up from $2.74 billion in the fourth quarter of last year, according to data from nearly 1,000 large bank holding companies compiled by Michael White Associates LLC of Radnor, P

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