As L. William Seidman sees it, banks have one big advantage in the mutual fund business. "They have the customers," he says.
But, he says, banks still face formidable competition in the field and are handicapped by regulations.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In