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.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
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% ...
The bank sees NII of $94bln for 2025, higher than the $91 billion that analysts had forecast, according to estimates compiled ...
JPMorgan reported its highest-ever annual profit, BlackRock reached a record $11.6 trillion in assets under management, and ...
Indian stock markets traded in the green on Thursday, driven by positive global cues and renewed investor confidence. The BSE ...
Japan’s Nikkei share average climbed on Thursday, tracking a rally on Wall Street amid robust U.S. bank earnings and a ...
Markets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers as a lot of ...