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 Nachrichten

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.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

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.
Herkunft: FCN2go - 🏆 523. / 51 Weiterlesen »