Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
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.
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four executives’ pay, to a degree, to the banks’ efforts connected with private ...
The latest bonuses are an effort by Goldman's board to retain the CEO and COO as a senior leadership team, the company said ...
Fourth-quarter earnings from JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Wall Street expects JPMorgan Chase & Co. JPM to report quarterly earnings at $4.04 per share on revenue of $41.56 billion ...
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall ...
Goldman Sachs is seeking to end its Apple Card partnership with Apply before their contract expires.
It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the ...
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