JP Morgan global WM revenue down 2% year-on-year

15 January 2016 | 1 minute read

JP Morgan’s global wealth management (WM) revenue fell slightly in the last quarter of 2015, off the back of the recent US$307 million US regulatory settlement. Global WM which includes both J.P. Morgan Private Bank and J.P. Morgan Securities, generated US$1.4 billion in revenue in the fourth quarter of 2015, down 2% year-over-year but up 1% from the previous quarter,…

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