U.S. Big Banks Earnings Roundup: Most Beat Earnings Expectations and Hope for More Confidence Ahead
@Tiger_Newspress：
The biggest banks in the US released their Q4 earnings over the past few days. Goldman Sachs and Morgan Stanley reported lower earnings as their investment banking practices handled fewer deals. JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about headwinds remain.Goldman Sachs said its fourth-quarter profit dropped to $1.19 billion, or $3.32 a share, from $3.81 billion, or $10.81 a share in the year-ago quarter. Wall Street analysts expected Goldman Sachs to earn $5.56 a share, according to a survey by FactSet.Goldman's fourth-quarter revenue dropped to $10.59 billion from $12.64 billion. The company fell short of the analysts' estimate of $10.755 billion.Morgan Stanley said its fourth-quarter earnings dropped to $2.11 billion, or $1.26 a shar