Starcast
Join the waitlist
Big Banks Ride the AI Boom
Coming soon to iPhone. Already have it? “Listen in Starcast” takes you straight there.
On this episode
About this episode
Bonus Episode for Oct. 15. Big U.S. banks opened earnings season with growing profits—and warnings that rising interest rates could stop the party. Still, bankers said higher rates have yet to dent consumer or business appetite to borrow and spend. JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo each reported higher third-quarter profit and revenue from a year earlier. WSJ banking and payments reporter Ben Glickman says that’s in part because of the near-endless need for financing related to the artificial-intelligence industry. Revenue across all four increased 9% to $115 billion. Pierre Bienaimé hosts this special bonus episode of What's News in Earnings, where we dig into…