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Financial Sector Update for 10/12/2015: AB, LM

Top Financial Shares:

JPM: flat

BAC: +0.06%

WFC: flat

C: flat

USB: flat

U.S. financial stocks were fairly stagnant ahead of Monday's opening bell ahead of a week of earnings slated with a significant number of financial companies.

In financial stocks news, AllianceBernstein ( AB ) said preliminary assets under management decreased to $463 billion during September 2015 from $471 billion at the end of August.

And, Legg Mason, Inc. ( LM ) reported preliminary assets under management of $672.1 billion as of September 30, 2015. This month's AUM included preliminary long-term net inflows of $1.5 billion, consisting of fixed income inflows of $1.3 billion and equity inflows of $0.2B.

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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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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