Goldman Sachs posted Friday third-quarter results that exceeded analysts’ expectations, as investment banking revenue surged nearly 90%, and the bank reaped record fees from equities financing. Here are the numbers: Earnings: $14.93 a share vs. $10.18 consensus estimate, according to Refinitiv Revenue: $13.61 billion vs. $11.68 billion consensus estimate ProfitContinue Reading

JPMorgan Chase on Wednesday posted third-quarter results that exceeded expectations on a $1.5 billion boost from better-than-expected loan losses. The gain came after the bank released $2.1 billion in reserves and had $524 million of net chargeoffs in the quarter, New York based JPMorgan said in a release. The bankContinue Reading