News Formal

Investment banking is back — and the recovery is just getting started

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

Jpmorgan Chase & Co Notícia

Citigroup Inc,Bank Of America Corp,Goldman Sachs Group Inc

Revenues from Wall Street dealmaking surged, which helped to offset weakness from the Federal Reserve's high interest rates.

Investment banking was the rock star of big bank earnings this season. Club holdings Morgan Stanley and Wells Fargo , along with JPMorgan Chase , Goldman Sachs , Bank of America and Citigroup , saw double-digit percentage growth in revenues for their investment banking businesses. Meanwhile, fees from the five largest U.S. investment banks, which include Morgan Stanley, Goldman, JPMorgan, Citi and Bank of America, came in at roughly $8.

A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street banks see investment banking improvement, with some cautionWall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings on Friday, but also cited some headwinds and reasons for caution.
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »

Downtown Investment Authority ends Laura Street Trio negotiations with SouthEast Development GroupThe vacant buildings have stood in downtown Jacksonville since shortly after the Great Fire of 1901.
Fonte: FCN2go - 🏆 523. / 51 Consulte Mais informação »