J.P. Morgan's global wealth management revenue stalls, advisers and AUM fall
J.P. Morgan Chase's global wealth management businesses delivered an unremarkable second-quarter performance. Global wealth management, which includes both J.P. Morgan Private Bank and J.P. Morgan Securities, generated $1.5 billion in second-quarter revenue, up a modest 1% year-over-year and up 3% from the previous quarter, according to the bank's latest financial…
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