NU Online News Service, May 20, 12:48 p.m. EDT
Total insurance revenue for the nation's bank holding companies (BHCs), excluding MetLife, increased 7.2 percent last year, rising from $10.15 billion in 2007 to $10.88 billion, according to a study.
The report, which was released yesterday by Radnor, Pa.-based Michael White Associates with the American Bankers headquartered in Washingtobn, noted that MetLife "does not engage in significant banking activities."
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