Investment Banking: Industry Trends Q4 2024
The fourth quarter of 2024 demonstrated robust financial performance across major U.S. banks, including JPMorgan Chase, Goldman Sachs, CitiGroup, and BlackRock. The banks posted record profits, driven by high interest rates, strong trading activities, and strategic acquisitions. However, rising geopolitical tensions, economic & policy uncertainties around deglobalization, and ESG costs all could influence future financial performance.
