Wealth and Asset Management
Wealth management profits jump 30.5% at U.S. Bank
U.S. Bank's wealth management businesses delivered another vigorous performance, according to the bank's financial results released on Wednesday. The Minneapolis-based bank generated $600 million in second-quarter revenue from wealth management and securities services, up a notable 14.7% year-over-year. Revenue was also up from the previous quarter, rising 4%.
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