It was mostly business as usual at bank brokerages yesterday, despite a 112-point drop in the Dow Jones industrial average.

Though some brokerage chiefs reported increased buying and selling activity, others predicted it would take at least a day for customers to respond. Some said that they expected to receive calls from concerned investors, but that they did not anticipate many clients would alter their long-term portfolios.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.