US Banks’ Earnings And Readthroughs For Indian IT — Read Motilal Oswal's Analysis

US Banks’ Earnings And Readthroughs For Indian IT — Read Motilal Oswal's Analysis

In Q1 FY25, major US banks— J.P. Morgan, Wells Fargo, Goldman Sachs, Citibank, Morgan Stanley, et al.—maintained their tech budgets, reinforcing a steady commitment to digital investments despite broader macroeconomic concerns. This sustained spending has been mirrored by Tier-I and TierII Indian IT players, with BFSI revenue delivering a healthy growth momentum.NDTV Profit’s special research section collates quality and in-depth equity and econ…

JPMorgan vs Goldman Sachs: Which Banking Giant Is the Better Buy

Ladies and gentlemen, Today, we have a financial fisticuff on our hands. Two of the largest banks in the world posted outstanding earnings results despite a tumultuous environment. Jamie Dimon led JPMorgan Chase (NYSE: JPM) into record revenues, pulling in a whopping $3.8 billion. Dealmaking powerhouse Goldman Sachs (NYSE: GS) managed to do the same, with an equity trading revenue haul of $4.19 billion. I’ve dissected these financial heavyweight…

Rising tides lift all ships in Q1 US bank results - Global Trading

Equity trading revenues picked up in US investment banks over the first three months of 2025 in light of energetic pre-US tariff activity, with the push for top spot becoming a three-horse race. JP Morgan saw the greatest success story, with an 87% quarter-on-quarter (QoQ) hike in equities financing and market making revenues to US$3.81 billion. This also represented a 41% year-on-year increase, from US$2.7 billion in Q1 2024, and put it in comp…