Wells Fargo wealth unit reports rise in Q4 income

The wealth and investment management (WIM) arm of Wells Fargo has shown resilience in a challenging market, reporting a 157% year-on-year surge in Q4 2020 net income. Overall, the group…

18 Jan 2021 By Satarupa Bhowmik

JPMorgan wealth unit profit slips in Q4 2020

JPMorgan asset and wealth management (AWM) unit has reported a drop in net income in Q4 2020 though revenues at the unit saw a rise. Meanwhile, the group has reported…

15 Jan 2021 By Verdict Staff

BlackRock Q4 2020 profit soars as AUM hits record high

BlackRock Q4 2020 results surpassed estimates as AUM reached a record $8.68trn from $7.43trn in the prior year, amid improving global growth prospects and increased market activity. Investors poured money…

15 Jan 2021 By Satarupa Bhowmik