Wealth divisions at JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup posted strong third-quarter results, offsetting weakness in trading. JPMorgan's asset and wealth management revenue rose 14% to $6.9 billion on higher fees and inflows, and its assets under management reached $5.2 trillion, up 13%. Wells Fargo's wealth and investment management revenue rose 12% to $4.1 billion, while Goldman Sachs' asset and wealth management revenue reached $5.05 billion, up 14%. Citigroup's wealth revenue grew 15%. Meanwhile, JPMorgan's fixed-income earnings fell 4%, its first dip in two years, and Goldman's fixed-income traders fell short of expectations, though its equities unit posted a record third quarter.
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Related tickers and likely impact
JPM
▼ Likely negativeJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $885.1B |
| Close on 10/12/2026 | 334.30 |
| Change that session | +0.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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