Earnings
Earnings
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Like its rival Morgan Stanley, Wells Fargo saw a healthy increase in its AUM and wealth revenues before Trump's tariff policies sent investments reeling.
April 11 -
Executives at the Wall Street giant expressed optimism that clients will turn to it more for advice amid economic uncertainty.
April 11 -
Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.
April 7 -
RBC's firmwide net income skyrockets despite rising costs, even as its advisor headcount holds steady.
February 27 -
Up from $26 million in 2023, Jane Fraser's compensation last year saw the largest increase so far among heads of big U.S. banks.
February 19 -
Following a 47% increase in earnings, Ted Pick is credited for his firm's "outstanding performance" in his first year at the helm.
February 14 -
The next CEO of Raymond James talks about how private equity ownership has made for some difficult marriages in wealth management, while a Morgan Stanley exec says asset outflows were unusually high last year.
February 11 -
The payday comes for a year that saw the bank's annual net income rise just over 2% to $27.1 billion.
February 10 -
Thrust into the top leadership role, Rich Steinmeier oversees strong results in his first six months.
February 6 -
The Zurich-based bank is in the midst of overhauling its U.S. wealth business with a greater priority on mass affluent clients and lower costs.
February 4