{"id":90458,"date":"2025-01-17T01:31:11","date_gmt":"2025-01-17T06:31:11","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90458"},"modified":"2025-01-17T01:20:37","modified_gmt":"2025-01-17T06:20:37","slug":"wall-street-banks-had-a-great-quarter-and-the-boom-times-are-just-starting","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2025\/wall-street-banks-had-a-great-quarter-and-the-boom-times-are-just-starting.html","title":{"rendered":"Wall Street banks had a great quarter, and the boom times are just starting"},"content":{"rendered":"\n<p>(CNBC) American investment banks just disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. Traders at\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/JPM\/\">JPMorgan Chase<\/a>, for instance, have never had a better fourth\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.jpmorganchase.com\/content\/dam\/jpmc\/jpmorgan-chase-and-co\/investor-relations\/documents\/quarterly-earnings\/2024\/4th-quarter\/9aff0e71-2b8c-4f41-ac93-8da74c263894.pdf\" target=\"_blank\">quarter<\/a>\u00a0after seeing revenue surge 21% to $7 billion, while\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\">Goldman Sachs\u2019<\/a>\u00a0equities business generated $13.4 billion for the full year \u2014 also a\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.goldmansachs.com\/pressroom\/press-releases\/current\/pdfs\/2024-q4-results.pdf\" target=\"_blank\">record<\/a>. For\u00a0<a href=\"https:\/\/www.cnbc.com\/wall-street\/\">Wall Street<\/a>, it was a welcome return to the type of environment craved by traders and bankers after a muted period when the Federal Reserve was\u00a0<a href=\"https:\/\/www.cnbc.com\/2023\/10\/19\/big-banks-cut-thousands-of-jobs-more-layoffs-coming.html\">raising rates<\/a>\u00a0as it grappled with inflation.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/01\/16\/wall-street-banks-see-deal-activity-picking-up.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) American investment banks just disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. Traders at\u00a0JPMorgan Chase, for instance, have never had a better fourth\u00a0quarter\u00a0after seeing revenue surge [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90458","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90458"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90458\/revisions"}],"predecessor-version":[{"id":90459,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90458\/revisions\/90459"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}