JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring. First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday,
Some of Wall Street’s biggest banks reported a surge in profit today on the back of a rebound in dealmaking and strengthening equity markets toward the end of last year. JPMorgan Chase, the US’s biggest lender,
Goldman Sachs Group Inc.'s Chief Executive David Solomon said he's "pleased" with the bank's "strong" results after the investment bank handily topped Wall Street estimates for its fourth-quarter profit.
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star."
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Investors have two big themes to consider today: bank earnings and inflation. Citi, Goldman Sachs, JPMorgan and Wells Fargo are all set to report results before the bell. Investors hope fourth ...
The Bank of New York Mellon Co. (NYSE:BK – Get Free Report)’s stock price hit a new 52-week high on Friday after Morgan Stanley raised their price target on the stock from $90.00 to $97.00. Morgan Stanley currently has an overweight rating on the stock.
Dutch firm AkzoNobel NV holds a 74.76 percent stake in AkzoNobel India and any attempt at purchasing a controlling stake will trigger an open offer
Chase Investment Counsel Corp decreased its position in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 34.9% during the 3rd quarter, Holdings Channel reports. The fund owned 20,042 shares of the software giant’s stock after selling 10,
The Providence, Rhode Island-based company launched its private bank in 2023 after a spate of bank failures left holes in the market. "It's not like I'm asking anybody to wait for delayed gratification,