Earnings
Earnings
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Goldman's stock traders posted their highest quarterly revenue haul on record, riding a wave of volatility triggered by an emerging global trade war, but revenue from the asset and wealth management business fell short of analyst expectations.
April 14 -
The company "started off the year with a meaningful renewal from Cambridge Investment Research," BNY's chief financial officer notes.
April 14 -
Like its rival Morgan Stanley, Wells Fargo saw a healthy increase in its AUM and wealth revenues before Trump's tariff policies sent investments reeling.
April 11 -
Executives at the Wall Street giant expressed optimism that clients will turn to it more for advice amid economic uncertainty.
April 11 -
Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.
April 7 -
RBC's firmwide net income skyrockets despite rising costs, even as its advisor headcount holds steady.
February 27 -
Up from $26 million in 2023, Jane Fraser's compensation last year saw the largest increase so far among heads of big U.S. banks.
February 19 -
Following a 47% increase in earnings, Ted Pick is credited for his firm's "outstanding performance" in his first year at the helm.
February 14 -
The next CEO of Raymond James talks about how private equity ownership has made for some difficult marriages in wealth management, while a Morgan Stanley exec says asset outflows were unusually high last year.
February 11 -
The payday comes for a year that saw the bank's annual net income rise just over 2% to $27.1 billion.
February 10