Banks Ranked by Assets Under Management
Managing other people's money is what banks do, but this task extends beyond just overseeing deposits and making loans. Another major source of revenue that universal banks look to comes from wealth management -- i.e., helping people oversee their investments.
This is big business for banks, as you can see by looking at the assets under management held by the nation's four biggest banks at the end of the third quarter:
Bank
Source: Fool.com
Citigroup Inc. Stock
€60.05
1.380%
The stock is one of the favorites of our community with 23 Buy predictions and 2 Sell predictions.
With a target price of 71 € there is a slightly positive potential of 18.23% for Citigroup Inc. compared to the current price of 60.05 €.
