Fiserv Inc., a leading provider of back-office support for banks, planted a flag in the brokerage services field Monday with a $224 million deal for BHC Financial Inc.

The transaction, scheduled to close in the second quarter, would give Fiserv a stake in the expanding and lucrative bank investment products business.

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.