One JPM worker, who has been with the bank for several years, said everyone on their team got a 2% raise. (The five employees Fortune spoke with for this story did not want their
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
This article will look at how JPM’s premium valuation impacts its quant rating and where it stands compared to fintech and banking industry disruptor OppFi.
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.
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Kevin Willsey, JPMorgan Chase’s global chair of investment banking, is retiring after over 30 years. He led the bank to become the top equity underwriter in 2008 and 2009 and was appointed global chair in 2013.
Shares of JPMorgan Chase (NYSE: JPM) are up a fantastic 55% over the past year, strongly outperforming the S&P 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Traders at JPMorgan Chase, for instance, have never had a better fourth quarter after seeing revenue surge 21% to $7 billion, while Goldman Sachs’ equities business generated $13.4 billion for the full year — also a record. For Wall Street ...
JPMorgan Chase kicked off Wall Street's earnings season by reporting a 50% increase in profit, led by a 49% increase in investment-banking revenue from the previous year's fourth quarter ...
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.