Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring. First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday,
Goldman Sachs employees are unhappy with their end-of-year bonuses, which they deem insufficient. The unhappiness comes after CEO David Solomon received a hefty pay rise after the bank's best earnings in three years. He took home $39 million in compensation for 2024, a 26% increase from 2023.
Goldman Sachs staffers are griping about getting paltry bonuses — despite a massive raise given to CEO David Solomon after the bank posted its best earnings in three years, The Post has learned. Rank and file at the Wall Street giant fumed that end-of-year payouts,
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
(Reuters) - Brighthouse Financial is exploring options including a potential sale of the U.S. life insurance and annuity provider, according to a source familiar with the matter on Tuesday.
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading.
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
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
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo all reported fourth-quarter earnings Wednesday, and each banking behemoth seemed to come with an update to major ...
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 ...
QXO on Monday took its $11 billion takeover offer for Beacon Roofing to shareholders of the building-products distributor after the company rebuffed its initial approach. Shares of QXO were down 4% in morning trading.