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MM138: The first of the BIG BANK earnings are out! Here's what you need to know
Market Maker
English - January 12, 2024 16:32 - 39 minutes - 54.9 MB - ★★★★★ - 4 ratingsInvesting Business News Business News business news news commentary finance news market watch market watch podcast amplifyme investment banking Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
BlackRock the world's largest asset manager announced a $12bn M&A deal alongside its Assets Under Management (AUM) topping $10 trillion again.
J.P. Morgan reported its best-ever annual profit, while Citigroup saw the most positive share price response to its earnings despite losing some $1.8 billion in Q4, as investors embrace the turnaround strategy that will see them eliminate 20,000 jobs.
A great episode to better understand the unique merits of each of these different financial institutions.
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