Goldman Sachs' profits more than double, despite pandemic

Goldman Sachs’ profits more than double, despite pandemic

NEW YORK – Goldman Sachs mentioned its income greater than doubled from a yr earlier because of a surge in each buying and selling and advising income. The New York-based funding financial institution mentioned it earned a revenue of $4.36 billion, or $12.08 per share, up from a…
JPMorgan's profits jump as economy, investment bank recovers

JPMorgan’s profits jump as economy, investment bank recovers

CHARLOTTE, N.C. – JPMorgan Chase & Co., the nation’s largest financial institution by property, stated its fourth quarter earnings jumped by 42% from a yr earlier, because the agency’s funding banking division had a stellar quarter and its steadiness sheet improved regardless of the pandemic. The New York-based…