MM138: The first of the BIG BANK earnings are out! Here's what you need to know
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BlackRock the world's largest asset manager announced a $12bn M&A deal alongside its Assets Under Management (AUM) topping $10 trillion again.J.P. Morgan reported its best-ever annual profit, while Citigroup saw the most positive share price response to its earnings despite losing some $1.8 billion in Q4, as investors embrace the turnaround strategy that will see them eliminate 20,000 jobs.A great episode to better understand the unique merits of each of these different financial institutions.*****Sign up for our daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://amplifyme.com/finance-acceleratorFree M&A Finance Accelerator simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
