Bank CEOs expect Trump bump to business as profits surge

Show Business and Finance Publications

Fri, January 17, 2025

[ Fri, Jan 17th ]: sinchew

Global finance leaders set tone for 2025 at the Asian Financial Forum

Thu, January 16, 2025

[ Thu, Jan 16th ]: unite

The Rise of Agentic AI: A Look Back at 2024 and Predictions for 2025

[ Thu, Jan 16th ]: Forbes

This Week In Credit Card News: Medical Credit Cards Are Being Pushed On Patients

[ Thu, Jan 16th ]: Forbes

Fifth Third Bank's CIO On AI, Cloud And Customer-Centric Innovation

[ Thu, Jan 16th ]: AOL

Bankruptcy Filings Jumped in 2024: Are You at Risk of Filing?

[ Thu, Jan 16th ]: Kiplinger

The Fine Print: What Trump Isn't Telling You About His Tax Plans

[ Thu, Jan 16th ]: Kiplinger

Taiwan Semiconductor Earnings Fuel a Rally in Chip Stocks

[ Thu, Jan 16th ]: CNET

ExpressVPN Identity Defender Review: Great VPN, Basic ID Theft Protection

[ Thu, Jan 16th ]: AOL

Massive new Trump tariffs are looming. Here's how these import 'taxes' work and who pays for them

[ Thu, Jan 16th ]: Kiplinger

Seven Tips to Land Your First Client as a Financial Adviser or Entrepreneur

[ Thu, Jan 16th ]: Forbes

Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital

[ Thu, Jan 16th ]: Kiplinger

Asset Protection for Affluent Retirees in 2025

[ Thu, Jan 16th ]: Forbes

Made In America: 5 Strategies To Respond To Potential Tariffs

[ Thu, Jan 16th ]: Reuters

Morning Bid: Inflation relief and bumper bank earnings

[ Thu, Jan 16th ]: Reuters

Bank of America profit rises on investment banking boost

[ Thu, Jan 16th ]: Reuters

M&T Bank fourth-quarter profit jumps 41% on higher fee income

[ Thu, Jan 16th ]: Kiplinger

A Strategic Way to Address the Tax-Deferred Disconnect

[ Thu, Jan 16th ]: timesnownews

UPI Goes Global: NIPL and Magnati Bring QR-Based Payments to UAE Merchants

[ Thu, Jan 16th ]: MSN

Lenders expect mortgage demand to shrink in early 2025, Bank of England finds

[ Thu, Jan 16th ]: MSN

Team SA ready to showcase nation's potential at WEF in Davos

[ Thu, Jan 16th ]: MSN

US Firm Behind Adani Scandal Investigation Announces Closure

[ Thu, Jan 16th ]: Reuters

Bank CEOs expect Trump bump to business as profits surge

[ Thu, Jan 16th ]: MSN

THIS man married an actress who made her debut wi .. kh Khan and has net worth Rs 110 crore, she is...

[ Thu, Jan 16th ]: MSN

Why is Apple replacing Goldman Sachs as its credit card partner?

[ Thu, Jan 16th ]: TechRadar

Identifying the evolving security threats to AI models

[ Thu, Jan 16th ]: NDTV

The Difference Between Interim Budget And Full Budget

[ Thu, Jan 16th ]: Forbes

Five Web3 Trends To Watch In 2025: AI, DePINs, RWAs And Beyond

[ Thu, Jan 16th ]: sinchew

HKPC "ForeSight 2025" Explores Economic Future and Champions Sustainable Development in Hong Kong

[ Thu, Jan 16th ]: cnbctv18

Budget 2025 Expectations LIVE Updates: Key expect .. ster Nirmala Sitharaman's February 1 presentation

[ Thu, Jan 16th ]: Reuters

Indian central bank's daily liquidity infusion to aid money markets, traders say

Wed, January 15, 2025

[ Wed, Jan 15th ]: YourTango

People Who Master These 10 Challenges Almost Always End Up In Jobs They Love

[ Wed, Jan 15th ]: Forbes

Why Digitization Will Transform The Small Business Economy Under Trump

[ Wed, Jan 15th ]: Forbes

The Future Of Finance: 2025 Is Calling

[ Wed, Jan 15th ]: Investopedia

Wondering if a College Degree Pays Off? See How It Affects Lifetime Income

[ Wed, Jan 15th ]: Newsroom

Taxing charities' business income would have 'devastating' impact on communities

[ Wed, Jan 15th ]: Forbes

Strategic Networking For CFOs In Transition

[ Wed, Jan 15th ]: NDTV

Union Budget 2025: Expectations Of Indian Startups From FM Nirmala Sitharaman

[ Wed, Jan 15th ]: Reuters

Goldman Sachs CEO says Apple card partnership may end before 2030

[ Wed, Jan 15th ]: Kiplinger

Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

[ Wed, Jan 15th ]: Reuters

Novo Banco owners to receive $1.34 bln when bank makes first dividend payment

[ Wed, Jan 15th ]: MSN

CINF Rises 30% in a Year: Time to Buy the Stock for Solid Returns?

[ Wed, Jan 15th ]: MSN

The truth about crypto

[ Wed, Jan 15th ]: MSN

Applied Digital Corporation (NASDAQ:APLD) Q2 2025 Earnings Call Transcript

[ Wed, Jan 15th ]: MSN

JPMorgan Chase and Goldman Sachs Post Surging Profits

[ Wed, Jan 15th ]: Reuters

Generali aims to ink initial asset management deal with Natixis by Jan. 20, sources say

[ Wed, Jan 15th ]: Stockhouse

MineHub's 2024 Annual Update and Strategic Outlook for 2025

[ Wed, Jan 15th ]: Reuters

Shell-CNOOC joint venture to expand south China petrochemical complex

[ Wed, Jan 15th ]: Euronews

Kazakhstan's digital economy: Fintech growth, cashless payments, and cybercrime prevention

Bank CEOs expect Trump bump to business as profits surge

//business-finance.news-articles.net/content/202 .. ect-trump-bump-to-business-as-profits-surge.html

Published in Business and Finance on Thursday, January 16th 2025 at 4:20 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Wall Street CEOs voiced confidence on Wednesday that the incoming U.S. administration would be business-friendly and good for banks as they reported a profits surge after dealmaking and trading picked up.

The article from Reuters, published on January 15, 2025, discusses the financial performance of major Wall Street banks in the fourth quarter of 2024. Profits at these banks surged due to a combination of robust trading revenues and a rebound in dealmaking activities. Notably, banks like JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo reported significant earnings growth. The increase was driven by a strong performance in fixed-income trading, equities, and investment banking, which saw a resurgence in mergers and acquisitions as well as initial public offerings. Despite economic uncertainties, the banks managed to navigate through challenges like higher interest rates and regulatory pressures, with some also benefiting from reduced provisions for credit losses. However, the article also hints at potential future headwinds, including geopolitical risks and the ongoing need for banks to adapt to digital transformation and regulatory changes.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/wrapup-profits-wall-street-banks-jump-with-trading-strength-dealmaking-rebound-2025-01-15/ ]

Similar Business and Finance Publications

[ Wed, Jan 15th ]: Reuters

Profits at Wall Street banks jump with trading strength, dealmaking rebound

[ Wed, Jan 15th ]: Kiplinger

Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News