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.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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.
JPMorgan Chase management disabled comments on an internal webpage where the policy was announced, according to the Wall Street 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.
How JPMorgan Chase performs in 2025 will largely depend on how economic conditions evolve. A backdrop of a firm labor market and durable credit conditions would support the bank's income growth. Investors comfortable with this baseline scenario have good reason to buy or hold the stock.
One of the most widely discussed topics on Wall Street over the years has been the question of who will succeed Jamie Dimon as CEO of JPMorgan Chase, a role he has held for nearly two decades. Last week,
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 ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than they did a year ago, thanks to solid consumer spending, higher stock prices and trading activity,
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.