Bank of America’s stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking business and higher net interest

Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.

Goldman Sachs Group (GS – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Ebrahim

British investment bank Barclays said on Monday it has appointed former Goldman Sachs banker Paul Johnson as head of equities for Asia Pacific.

Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,

Bank of America shares rose in premarket trading Thursday as the bank's fourth-quarter results beat analysts' estimates.

Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.

Richard Ramsden, an analyst from Goldman Sachs, maintained the Buy rating on Bank of America (BAC – Research Report). The associated price

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Here are some of the major companies whose stocks moved on the week’s news.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.