Wall Street is heading into 2025 with strong results and high hopes for the year ahead. A recent report from Morningstar DBRS Inc. highlights how major banks performed well in the last quarter of 2024, signaling a bright future for investment banking.
Big banks like JP Morgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley reported better-than-expected results. Together, their revenues were up 14% compared to the same time in 2023. Even more impressively, their earnings are now 37% higher than they were before the…
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