Deloitte & Touche recently completed a benchmark survey of mutual fund operations in the banking industry. The survey, which drew responses from 144 banks and thrifts with at least $750 million of assets, provides a snapshot of operational trends, strategic initiatives, and the competitive environment for bank mutual funds.

Thomas J. Lannan, director of the financial services group in the Big Six accounting firm's Boston office, recently discussed the survey findings with the American Banker.

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