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$AMP's total asset under management, or AUM, fell by 6% to $623.6Bil as of March 31, 2016 from $663.9Bil as of March 31, 2015 reflecting a $42.2Bil drop in Asset Management AUM on market depreciation, net outflows and negative impact of foreign currency translation, and $2.9Bil rise in Advice & Wealth Management AUM on wrap account net inflows.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.