Latest Corporate News
๐
January 16, 2026 at 1:00 PM
Major corporate developments include bank earnings beats driving M&A optimism, key executive appointments in real estate and finance, and significant mergers in quantum tech, insurance, and packaging.
1
J.P. Morgan Chase Reports Q4 Earnings with Profit Dip but Strong Revenue Growth
J.P. Morgan Chase's fourth-quarter profit dropped 7% year-over-year to $4.63 per share due to a new Apple credit card deal, though adjusted earnings beat estimates. Revenue rose 7% to exceed expectations, with net interest income up 7% to $25.1 billion. CEO Jamie Dimon highlighted resilient consumer spending.
2
Goldman Sachs and Morgan Stanley Surge on Strong Investment Banking Fees
Goldman Sachs reported a 25% jump in investment banking fees to $2.58 billion from completed M&A and IPO growth, beating profit expectations. Morgan Stanley saw a 47% surge in investment banking revenue to $2.41 billion. Shares hit record highs amid accelerating M&A outlook.