A Resurgence in Traditional Banking
With Goldman Sachs and Morgan Stanley reporting record revenues, their equity trading divisions reached unprecedented levels last year, hitting $16.5 billion and $15.6 billion respectively, drawing renewed attention to the strength of traditional banking models.
Impressive Revenue Growth
Goldman Sachs saw its equity trading revenue rise by $3 billion compared to 2024, coming close to the $17.1 billion total generated by Europe's four largest banks in the same sector. Morgan Stanley achieved a 28% growth, setting a new industry benchmark.
Strong Industry Performance
- JPMorgan Chase led with a 29% revenue increase
- Bank of America and Citigroup also delivered solid results
In the face of heightened market volatility, these figures highlight the resilience and competitiveness of traditional banks in equity trading.