Morgan Stanley Profit Hit by Charges, Revenue Beats Estimates
Morgan Stanley's Q4 profit took hit from $535M in charges though revenue beat expectations as debt underwriting fueled rebound investment banking.
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Goldman Posts 51% Gain in Last Quarter of David Solomon's Most Challenging Year as CEO
Goldman Sachs (GS) in 2023 recorded the lowest profit since David Solomon’s first year as CEO but posted a sizable gain in Q4.
JPMorgan Chase's Moat Revealed: What Investors Can Learn From the Banking Giant
Big banks kicked off earnings season, with some giants reporting fourth-quarter earnings. JPMorgan Chase posted good results for the quarter.
Apple Could Have a New Problem: Uncle Sam
Apple has long avoided the government-induced antitrust headaches now plaguing Big Tech rivals like Amazon, Google and Meta.
Layoffs Loom at Citigroup - Up to 20,000 May Walk
Citigroup is set to implement a significant reduction in its workforce, aiming to eliminate approximately 20,000 jobs over the coming three years.
Last Year was Likely the Best Ever for JPMorgan. It May not be able to do Better in 2024.
Most banks might be happy to forget 2023, but for JPMorgan Chase (JPM), it was likely the best ever.
Citigroup Discloses Billions in One-Time Charges and Reserves Ahead of Earnings Report Friday
Citigroup is in middle of complicated restructuring. It made clear Wednesday that its fourth quarter earnings report Friday will be complicated, too.
