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This week's results come with bank stocks under some pressure as part of the wider economic uncertainty

Total assets down 7.6% from previous quarter, but up 12.2% year over year

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Record inflows contribute to strong fundraising outlook, the alternative asset manager said

stock market down

Private equity, credit and real estate contributed "modestly" to the losses, the board said

The "abrupt deceleration" in world markets impacted the firm's financial performance, CEO said

stock market down

Richardson Wealth added three new advisor teams and lost one during a "challenging" quarter

A bear rests on top of a downward pointing stock chart.

Volatile markets contributed to losses in the insurance and wealth management businesses

  • By: IE Staff
  • July 28, 2022 July 28, 2022
  • 12:53
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The 45 firms in the Profit Survey saw their net income decline, on average, by 1% year over year

Global wealth management revenue dropped 12.5%

  • By: IE Staff
  • June 3, 2022 June 3, 2022
  • 15:32
Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago