Seeking to form closer ties and leverage existing relationships with bank intermediaries, Fidelity Investors Institutional Services Corp. is turning its attention to creating new fund products and investment services specifically for the bank channel.

Among the bank-specific products on the Boston mutual fund giant’s drawing board are several variable annuities that banks can customize, said Gary Cohen, senior vice president and national sales manager. These annuities would include both Fidelity-managed and bank-managed funds.

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