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.

Goldman’s net revenues for 2024 were US$53.51bn, up 16% from 2023, and it delivered net earnings of US$13.53bn, up 71%. Its return on tangible equity for the year was 13.5%, helped by an RoTE of 15.5% ...

JPMorgan reported its highest-ever annual profit, BlackRock reached a record $11.6 trillion in assets under management, and ...

Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan ...

Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.

Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star." ...

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking ...

December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...

Citigroup swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up ...

JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the U.S. elections in November. Trading revenue at the firm rose 21% from a year earlier, ...