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.

Top donors to Trump's inauguration fund, which may raise a record-breaking sum, will gain access to Trump and Vice President-elect J.D. Vance during a suite of high-end festivities in the weekend prior to Trump's swearing in on Jan. 20, according to media reports.

NEW YORK (Reuters) -Wall Street CEOs voiced confidence on Wednesday that the incoming U.S. administration would be business-friendly and good for banks as they reported a profits surge after dealmaking and trading picked up.

Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.

Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has authorized a new share repurchase program. "2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses,

For all of Wall Street’s excitement about Donald Trump’s growth agenda, the biggest banks are ending the Biden years on a high note.

As we head into earnings season, investors are wondering if 2025 might be another excellent year for bank stocks. Citigroup and Charles Schwab appear to be compelling names at this point in the industry cycle,

Jan 8 (Reuters) - Wall Street giant Citigroup (C.N), opens new tab plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar ...

Citi analysts reaffirmed their Buy rating on Meta Platforms Inc. (NASDAQ:META) with a steadfast price target of $753.00. The endorsement comes amid escalating uncertainties for rival TikTok, following a U.

Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec.

The Vietnamese dong is likely to test new lows as the country’s growing trade surplus with the US puts it at risk of targeted tariffs from the incoming Donald Trump administration.

It was a volatile week for markets as US interest rate expectations fluctuated after stronger-than-expected non-farm payrolls and lower-than-expected CPI and PPI data.