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% ...

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

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

That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...

Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.

Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar ...

The Q4 earnings season kicked into higher gear Wednesday as JPMorgan Chase, Goldman Sachs and BlackRock delivered major earnings beats. Wells Fargo reported mixed results. Citigroup topped views and ...

In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...

US stocks surged on Wednesday, fueled by a slowdown in core inflation and better-than-expected earnings from major banks.

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.

Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses ...