Wall Street’s investment banking sector is showing robust signs of recovery after nearly three years of pandemic-era volatility and economic uncertainty. Major financial institutions including Goldman Sachs, JPMorgan Chase, and Citigroup have all reported stronger-than-expected third-quarter results, signaling that the prolonged dealmaking drought that has affected banker compensation and morale may finally be easing.
JPMorgan, Citigroup Kick Off Big Bank Earnings
Big Bank Earnings Kick Off with Strong Performance from JPMorgan and Citigroup The banking sector’s third-quarter earnings season commenced with…