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US giants score double-digit wealth and PB growth in 2Q25

US banks reported double-digit growth in their wealth management earnings in 2Q25, while also demonstrating strong net new assets and AUM growth, according to recent earnings reports. At the forefront of this earnings growth, Citi’s wealth revenue increased 20% YoY. Morgan Stanley Wealth Management and J.P. Morgan Asset and Wealth Management (AWM) grew their net revenues by 14% YoY and…

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