BOSTON -- In their quest to play a bigger part in delivering investment products to consumers, banks increasingly are setting up full-service brokerages, according to a survey.

Of 156 bank broker-dealers surveyed in September, 46% were full-service providers and 31% were discount providers, according to a survey by Cerulli Associates, Boston, a consulting firm that follows the mutual fund industry. The remaining 23% offered a mix of full-service and discount brokerage.

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