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Goldman Sachs Exited 2023 With A Q4 Win But Like Morgan Stanley, Its Annual Figures Lacked Luster

Benzinga ·  Jan 26 23:44

During the second week of the new year, JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), Bank of America Corporation (NYSE:BAC) and Citigroup Inc (NYSE:C) opened the earnings season by with their reports, with one-time charges tainting how well they performed over the fourth quarter of 2023. Moreover, JPMorgan Chase reported its best-ever annual profit. A week after, four biggest U.S. banks were joined by The Goldman Sachs Group Inc (NYSE:GS) who blew past estimates and Morgan Stanley (NYSE:MS) who reported mixed fourth quarter results along with warning of geopolitical and economic...

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