Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.
JPMorgan Chase asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters on Friday showed. Financial companies have been aggressive in enforcing return-to-office demands, with many staff being called back as early as 2021.
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in revenue, according to people familiar with the matter.
The country’s biggest banks ended the year with big profits. Worries remain. JPMorgan Chase, Goldman Sachs, Morgan Stanley and others all reported strong results in their latest quarters, with many executives optimistic about a flurry of deal-making in the new Trump administration.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Morgan Stanley raised the firm’s price target on JPMorgan (JPM) to $273 from $265 and keeps an Equal Weight rating on the shares. Q4 EPS beat
JPMorgan Chase is mandating a full-time return to the office for its employees to enhance learning, innovation, and company culture. This decision ali
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,
Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from home.
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in revenue, according to people familiar with the matter.
In this podcast, Motley Fool contributor Matt Frankel and host Mary Long break down big bank earnings. They also discuss: Why comparisons to 2023 give banks more credit than they may deserve. The split between JPMorgan 's investment banking and consumer businesses. Growing interest in private credit markets.