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Wall Street’s premier wealth management divisions breached historic asset milestones in 2Q26, capitalising on buoyant market valuations and sustained client inflows to deliver double-digit revenue growth. Morgan Stanley’s total client assets across its wealth and investment management arms exceeded US$10 trillion. J.P. Morgan Asset and Wealth Management (AWM)’s net income grew 33% YoY, while Citi Wealth’s revenue grew 13% YoY,…
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