JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs Group and Morgan Stanley are projected to post a combined $34.8 billion haul from their trading businesses in the first quarter, the most for that period in at least seven years.

The largest U.S. banks are facing shareholder votes on a number of politically charged issues — some backed by conservative groups and others championed by organizations with a more progressive bent.

Goldman Sachs Group is planning to start its annual round of reductions earlier in the year after previous cuts took place in the latter half.

"We have made certain adjustments to reflect developments in the law in the U.S.," Chief Executive Officer David Solomon said.

Large banks are starting to disclose the compensation they awarded to their CEOs last year. Early signs point to a bounceback after CEO pay fell in 2023.

Since August, Truist, KeyCorp and Goldman Sachs have granted one-time stock awards to certain executives they want to keep in place. One analyst wants shareholders to reject the bonuses, while consultants say there are valid reasons for banks to make the awards.

Texas and nine other Republican-led states are ratcheting up pressure on Wall Street's diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.

The male-heavy promotions cap more than a year of deliberation inside Goldman over how to designate the firm's next generation of leaders, giving the roster more influence in shaping the development of operations.

As Donald Trump returns to the White House, Goldman Sachs is looking forward to the "improving regulatory backdrop."

Companies are dropping sustainability-linked loans as they face a tougher regulatory environment.