Banks' investment services revenues rebounded strongly in October, reversing a trend of declines that began in April, according to a survey by Kenneth Kehrer Associates, Princeton, N.J.

Banks averaged $169 of investment services revenue per $1 million of consumer deposits in October, up 14% from September, Kehrer Associates found in its survey of 17 large banks. Equitable Distributors, a unit of Equitable Insurance Co., sponsors the survey.

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