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Goldman, Bank
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan saw its net profits rise to a record $58.5 billion from $49.6 billion in 2023, while Goldman Sachs reported profits of $14 billion for 2024, compared to $8.5 billion a year earlier.
Goldman doubles profits, has high hopes for new Trump era
Goldman attributed the quarter's growth to higher net revenues from all its businesses, but particularly from its Global Banking and Markets unit. In the fourth quarter, that department generated $8.48 billion in net revenues, a 33% rise from the same quarter in 2023.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
14h
on MSN
Goldman Sachs soars on Q4 earnings, CEO sounds caution on Trump tariff and immigration plans
Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
1h
Wall Street could get a boost from $1 trillion in buybacks, Goldman says
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman ...
1d
Dollar’s ‘Wrecking Ball’ Days Return Along With Donald Trump
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
17h
Bank CEOs expect Trump bump to business as profits surge
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
21h
on MSN
These 2 gaming stocks could be takeover targets in a Trump 2.0 administration
Goldman Sachs expects a 25% increase in US M&A in 2025. It sees Electronic Arts and Unity Software as attractive takeover ...
6d
on MSN
Goldman’s top economist doubts Trump can make good on campaign promises
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts ...
2d
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
23h
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
1d
on MSN
Investment bankers say Trump mergers and acquisitions boom already underway
Financial business leaders converged on the University of Miami to discuss the regulatory and political landscape expected ...
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