Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

JPMorgan Chase asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters on Friday showed. Financial companies have been aggressive in enforcing return-to-office demands, with many staff being called back as early as 2021.

Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in revenue, according to people familiar with the matter.

Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 years,

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

JPMorgan Chase is mandating a full-time return to the office for its employees to enhance learning, innovation, and company culture. This decision ali

Morgan Stanley raised the firm’s price target on JPMorgan (JPM) to $273 from $265 and keeps an Equal Weight rating on the shares. Q4 EPS beat

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,

Fourth-quarter 2024 profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that has dealmakers optimistic about the coming Trump era in 2025. Strong investment banking and trading results also helped push profits higher at other big banks in the fourth quarter,

See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from home.

Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in revenue, according to people familiar with the matter.

Databricks raises $15B to accelerate AI growth, expand globally, and strengthen its position ahead of a possible IPO