Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

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This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged in the fourth quarter from a year ago. [Trading revenue at Citigroup](

Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn,

Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier and beating analysts’ estimates of $6 billion. The second-largest U.S. lender by assets posted per-share earnings of 82 cents,

Bank of America's fourth-quarter profit more than doubled as it benefitted from a Wall Street dealmaking revival that also lifted results at its rivals.