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Wall Street Turns Wealth Management into a Growth Engine: Citi and JPMorgan Attract Billions of Dollars

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The management of client wealth is gaining significant weight in the financial results of Wall Street’s major banks. In a quarter marked by market volatility, high interest rates, and uneven investment banking activity, Citigroup, JPMorgan Chase, Goldman Sachs, and Wells Fargo reported progress in their businesses linked to asset management,…

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