Banks Try, Try Again to Profitably Woo Mass Affluent

Banks have had a hard time gaining much more business from "mass affluent" customers, who generally have between $50,000 and $1 million in investable assets. But now Bank of America Corp. and others are hoping to succeed where their rivals have stumbled.

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This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

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