In fact, Wells Fargo (NYSE: WFC), Goldman Sachs (NYSE: GS), and Citigroup (NYSE: C) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring.
The Federal Reserve has informed Wall Street banks that they will not be required to participate in climate stress tests, according to Bloomberg News. The decision affects lenders such as JPMorgan ...
Goldman Sachs raised the firm’s price target on Wells Fargo (WFC) to $83 from $77 and keeps a Buy rating on the shares. The firm cites the company’s Q4 earnings beat, noting that while its pre ...
When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post.
Goldman Sachs employees are unhappy with their end-of-year bonuses, which they deem insufficient. The unhappiness comes after ...
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...
Citigroup's stock was up 6.9% in recent trading, outpacing the 6.3% rise from Goldman Sachs, a 1.2% gain by JPMorgan Chase & Co. and a 5.3% increase by Wells Fargo & Co. Goldman CEO David Solomon ...
Several big banks are set to report earnings this week, including JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, ...
Wells Fargo is an advertising partner of Motley Fool Money. Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group.
First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday, and the reports look impressive across the board, especially when it comes to these three companies. Wells Fargo ...