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.
JPMorgan Chase, Goldman Sachs And 3 Stocks To Watch Heading Into Wednesday
Wall Street expects JPMorgan Chase & Co. JPM to report quarterly earnings at $4.04 per share on revenue of $41.56 billion before the opening bell, according to data from Benzinga Pro. JPMorgan shares fell 0.1% to $247.22 in after-hours trading.
Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm’s ...
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 ...
The bank – the largest in the US with more than 300,000 employees worldwide – is expected to announce the change in the next ...
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 ...
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% ...
Goldman Sachs' CEO David Solomon's 2024 comp rose 26%. He stands to get $80 million in bonuses over the next five years.
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