Although sales of investment products are slowing, banks are spending more money to advertise financial products, according to a study by KPMG Peat Marwick.

The accounting firm's report, titled "The State of the Investment Company Industry," concluded that banks are increasing their efforts to market mutual funds as well as trust and investment management services.

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.