J.P. Morgan Chase's global wealth management businesses delivered a strong third-quarter performance, according to the bank's financial results released Friday.

Global wealth management, which includes both J.P. Morgan Private Bank and J.P. Morgan Securities, generated $1.5 billion in third-quarter revenue, up a significant 10% year-over-year and up 2% from the previous quarter. For the first six months of 2016, the two businesses brought in $4.5 billion in revenue, up 3% from the same period in 2015.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access