As debate heats up over Glass-Steagall repeal, banks' future in the insurance business hangs in a delicate balance.

Both the Clinton administration and Senate Banking Committee Chairman Alfonse M. D'Amato want to open the door to expanded insurance activities for banks.

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.