Doug Petno, Troy Rohrbaugh and Marianne Lake are the three top contenders to succeed JPMorgan Chase CEO Jamie Dimon, according to a report.
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
Fourth-quarter earnings from JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Wall Street expects JPMorgan Chase & Co. JPM to report quarterly earnings at $4.04 per share on revenue of $41.56 billion before the opening bell, according to data from Benzinga Pro. JPMorgan shares fell 0.1% to $247.22 in after-hours trading.
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall appeared to exude “animal spirits.”
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
Analysis of JPMorgan Chase and Goldman Sachs Q4 2024 earnings forecasts, including key metrics, analyst expectations and trading implications.
NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon's compensation by 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another five years.
Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.