银行管理（第六版）教师手册 Chapter_13_IM_updates.docVIP

PAGE PAGE 177 CHAPTER 13 SOURCES OF FEE INCOME: INVESTMENT BANKING, SECURITY TRADING, INSURANCE, TRUST, AND OTHER REVENUE-PRODUCING SERVICES Goal of This Chapter: This chapter is designed to explore several of the most important non-deposit financial services banks have offered to the public in recent years, including investment banking, trust services, investments in stocks, bonds and mutual funds, insurance policies, and annuities and examine their possible benefits. To explore several of the most important nondeposit services bankers offer the public including trust services, investments in stocks, bonds and mutual funds, insurance policies and annuities and examine their possible benefits for banks. . Key Topics in This Chapter The Ongoing Search for Fee Income Investment Banking Services Mutual Funds and Other Investment Products Trust Services and Insurance Products Benefits of Product-Line Diversification Information Flows and Customer Privacy Chapter Outline I. Introduction II. Sales of Investment Banking Services III. Selling Investment Products to Consumers A. Mutual Funds B. Annuities IV. Trust Services as a Source of Fee Income A. History Trust Services B. Roles of Trust Departments C. Types of Trusts V. Sales of Insurance Related Products A. Types of Insurance Products Sold by Banks and Other Financial-Service Providers in Recent Years 1. Life Insurance Policies 2. Life Insurance Underwriters 3. Property-Casualty Insurance Policies 4. Property Casualty Insurance Underwriters B. New Rules Covering Insurance sales by FDIC-Insured Depository Institutions VI. The Alleged Benefits of Financial Services Diversification A. An Example of the Product-Line Diversification Effect B. Potential Economies of Scope VII. Nondeposit Services and Information Flows within Banking or Financial Firm VIII. Summary of the Chapter Concept Checks 13-1. What services are provided by investment banks (IBs)? Who are their principal clients? Th