Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.
Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to find new ways to tack on even more size. For any company to be the basis for a life-changing investment, it must be able to firmly outpace the mere rising tide of inflation and population growth.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
The bank – the largest in the US with more than 300,000 employees worldwide – is expected to announce the change in the next few weeks, according to a report.
Big banks including JPMorgan Chase and Goldman Sachs start reporting their fourth-quarter earnings today. Here are three things to eye in the results: 1\. Revenues from investment banking and trading Donald Trump’s prospective return to the White House sparked hopes of a boom on Wall Street.
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
Analysis of JPMorgan Chase and Goldman Sachs Q4 2024 earnings forecasts, including key metrics, analyst expectations and trading implications.
JPMorgan Chase asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters on Friday showed. Financial companies have been aggressive in enforcing return-to-office demands, with many staff being called back as early as 2021.
JPMorgan Chase & Co. reduced its position in shares of Goldman Sachs MarketBeta International Equity ETF (BATS:GSID – Free Report) by 5.4% during the 3rd quarter, according to the company in its ...
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall appeared to exude “animal spirits.”
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from home.
with net income rising 50% at JPMorgan Chase JPM0.76%increase; green up pointing triangle and more than doubling at Goldman Sachs GS 1.17%increase; green up pointing triangle. The banks ...