Bank Earnings Show Wall Street Is Back in the Driver's Seat—For Now
Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.
US earnings latest: Wall Street profits surge on trading boom
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn,
How AI Revolution Is Driving 200,000 Layoffs On Wall Street
Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other sectors, here's how to prepare your career.
Citigroup Earnings Top Wall Street Forecasts
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the company around five core business units.
Trading Activity Surged at Wall Street Banks
This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged in the fourth quarter from a year ago. [Trading revenue at Citigroup](
Bank of America profit soars on Wall Street revival
Bank of America's fourth-quarter profit more than doubled as it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals.
Bank of America’s Profit More Than Doubles, Tops Wall Street Forecasts
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,
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Wall Street Banks Report Strong Q4 Results Amid Economic Resilience and Policy Uncertainty
Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter ...
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
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Wall Street
Citi CEO Jane Fraser's has made major moves ... 2024-12-19T12:08:18Z Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.