Net assets rose to $675.1 billion in the quarter
The firm’s global wealth management business earned $216.5 million
Most of the index's sectors reported higher earnings, S&P reports
Pressure on corporate cash impedes global buybacks, S&P says
Net assets were down 7%
Divide emerges as big banks cope with strained consumers
The bank's wealth management arm earned more than a year earlier
Growth in fee-based revenues and net interest income drove improved results in wealth management
The bank expects loan loss provisions to stay elevated in the near term: CEO
The bank had $1.05 billion set aside for bad loans in the quarter, up from $819 million a year earlier