Wells Fargo blasted 6.7% higher on Jan. 15 thanks to solid results, including 11% higher diluted earnings per share and 15% growth in fee-based revenue. JPMorgan Chase popped 2% on Jan. 15 and reached an all-time high on Jan. 17 in response to excellent results and another year of record revenue and net income.
The announcement took Piepszak out of the running in the closely-watched JPMorgan succession race. For a few years, the former firm CFO had served as co-CEO of consumer and commun
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
JPMorgan Chase executives are hoping to tackle the massive growth in the number of employees working at the country’s biggest bank. Jeremy Barnum, chief financial officer, said the bank is focused on getting a hold on its headcount growth,
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter regulations expected by the Trump administration.
Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most ...
According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo are offering a 90-day forbearance of their mortgage payments, without reporting the payments to credit reporting agencies.
Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday.
JPMorgan Chase reported better-than-expected fourth quarter results. (John Taggart for WSJ) JPMorgan Chase's fourth-quarter results were a blowout. Here are the highlights: Profit was up 50%.
JPMorgan Chase, the largest bank in the U.S. by assets, reported fourth-quarter net income of $14 billion, topping Wall Street’s expectations of $11.7 billion. Quarterly profit rose 50% from a year earlier.
Jamie Dimon, the chief executive of JPMorgan Chase, said in a statement alongside the bank's fourth-quarter earnings that the U.S. economy “has been resilient” and that businesses appear more upbeat.
JPMorgan had 317,233 employees at the end of 2024, up by 7,307, or 2.4%, from a year ago. That compares with the 0.7% growth in the U.S. civilian labor force over the same time. Since the end of ...