Goldman Sachs and Bank of America see profits jump

I can imagine Karen Cramer taping a Post-it to my forehead saying, "I didn't take profits ... stock price; Goldman Sachs Group Inc. (GS) , which is two multiple turns below its average from before the Great Recession; and Bank of America Corp. (BAC ...

JPMorgan, Bank of America Corp and Wells Fargo & Co ... Spokesmen for the three banks, as well as those for Citigroup Inc, Goldman Sachs and Morgan Stanley, declined to comment. The firms could also see profit rise if a proposed tweak in the liquidity ...

These are external links and will open in a new window Two major US banks have reported increased profits for the first quarter of the year, amid higher interest rates and an energy sector rebound. Profits at Bank of America were $4.35bn (£3.44bn), up 44% ... Goldman Sachs and Bank of America see profits jump

Profits at Bank of America were $4.35bn (£3.44bn), up 44% from the same period in 2016, with gains across its major divisions. Goldman Sachs profits rose 80% from a year earlier to $2.2bn. But the firm disappointed analysts with a decline in revenues from ...

NEW YORK (AP) -- Bank of America's first quarter profits grew nearly 40 percent, the bank said Tuesday, helped by higher interest rates as well as a strong ... Bank of America's desks did much better than Goldman Sachs, who also reported its results ...

Just four companies—Apple, AIG, Goldman Sachs, and Bank of America—together provided ... that large firms are going to start to see the same thing. Advertisement Keep an eye on those bank profits! Revenue growth means you're finding a lot of customers ...

NEW YORK — Goldman Sachs Group Inc. dished out 47 percent more ... and Wells Fargo & Co. turned a $7.99 billion profit. But Citigroup Inc. and Bank of America Corp. lost a combined $3.81 billion. And Morgan Stanley, whose problems have been attributed ...

NEW YORK, April 16 (Reuters) - JPMorgan Chase (JPM.N) and Goldman Sachs Group ... whether Morgan Stanley and Bank of America -- which combined its investment banking unit with Merrill’s in January -- have also managed to profit from volatile markets.

Source : http://www.bbc.co.uk/news/business-39630869

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