Wealth and Asset Management
Wealth management revenue, profits climb at U.S. Bank despite surge in DoL costs
U.S. Bank's wealth management businesses turned in a robust year-end performance, according to the bank's financial results released on Wednesday. The Minneapolis-based bank generated $569 million in fourth-quarter revenue from wealth management and securities services, up a notable 19% from the same period a year ago and up 5.8% from…
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