WASHINGTON Green Light for Banks To Market Annuities

Handing banks a solid victory in their push for broader powers, the Supreme Court ruled that national banks can sell annuities. The ruling, upholding a decision by the Comptroller of the Currency, is likely to boost banks' already brisk sales of annuities, experts said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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