Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

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 cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.

Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter results. Many banks, such as Bank of America,

JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.

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](

Despite Citi lagging behind its rivals on return to tangible equity, about 70 per cent of Wall Street analysts have assigned the bank a “buy” rating. “The outcomes for Jane are about as wide ...

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.

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.

Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.

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,

Deal to create new multichannel video distributor also settles litigation. Nvidia gets another accolade. Citi gets defensive.