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Financial Sector Update for 01/11/2019: VRTS, GS, WDR, JPM, WFC, BAC, C, USB


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Top Financial Stocks:

JPM: -0.12%

BAC: -0.39%

WFC: -0.31%

C: +0.90

USB: Flat

Financial stocks were mixed in Friday pre-market trading .

In other sector news:

(=) Virtus Investment Partners ( VRTS ) was unchanged as i t report ed preliminary long-term and total assets under management of $90.4 billion and $92.0 billion (including $1.6 billion of liquidity assets), respectively, as of Dec. 31.

(-) Goldman Sachs ( GS ) was slightly lower after Reuters reported that the company is looking to offer cash management services in the first half of 2020 as it seeks to shift away from volatile areas such as trading and investment banking.

(=) Waddell & Reed Financial ( WDR ) was flat as it reported preliminary assets under management of $65.8 billion for the month ended Dec. 31, 2018. This is a decrease of 8.6% from $72 billion on Nov. 30, 2018.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Banking and loans
Referenced Symbols: VRTS , GS , WDR , JPM , WFC



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