JP Morgan is distancing itself from Goldman Sachs and Citigroup | EUROtoday

The US financial institution JP Morgan may have left its opponents far behind in 2024. The main financial institution, which serves 82 million non-public clients within the USA alone, earned $14 billion within the fourth quarter, driving its annual internet revenue to $58.5 billion (56.8 billion euros) – a brand new report. Smaller competitor Goldman Sachs, which is extra targeted on capital markets enterprise, introduced a quarterly internet revenue of $4.1 billion on Wednesday, bringing its annual revenue to $14.3 billion.