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Month: January 2025
JPMorgan Chase posts record profit as the bank’s massive scale pays off
[#item_full_content]The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses…
Wells Fargo shares jump after earnings beat, strong 2025 guidance
[#item_full_content]The lender expects 2025 net interest income, a key measure of what a bank makes on…
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
[#item_full_content]The fourth-quarter report comes after a year where Citi’s stock rose almost 37%, outperforming the S&P…