In acquiring Dreyfus Corp., one of the few real household names in the mutual fund business, Mellon Bank Corp. has ushered in a new era for the banking industry.

Over recent years, banks have been pushing into the mutual fund business by expanding sales forces, teaming up with brokerage firms, and even acquiring some fund assets.

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.