Ameriprise Financial Posts Strong Q2 Earnings as Asset Values Reach Record Levels Amid Market Rebound

Ameriprise Financial was reported to have posted a significant increase in its second-quarter profit, with the rise largely attributed to a late-quarter rally in financial markets that helped push the value of its fee-generating assets to an all-time high. The earnings, which reflected a 28% year-over-year increase, were seen as a direct result of the […]