The 36.4% growth rate in bank-managed funds for the 12 months through June 30 was based on year-earlier assets of $553.1 billion. This figure from Lipper Analytical Services was reported in the Aug. 13, 1997, American Banker.

The charts accompanying this article show a higher total for June 30, 1997-$572.2 billion. This reflects nonbank acquisitions that the banking companies completed after that date.

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.