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.

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

But the grand machinery keeping Wall Street moving is just picking up steam. That's because, deterred by regulatory uncertainty and higher borrowing costs, U.S. corporations have mostly sat on the sidelines in recent years when it came to buying competitors or selling themselves.

The policy brings JPMorgan Chase in line with other major financial institutions, such as Goldman Sachs and Morgan Stanley, which have also mandated employees return to the office. In contrast, competitors like Bank of America and Comerica continue to offer hybrid work schedules.

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

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,

Morgan Stanley's massive wealth management business will be helped by high stock market values in the fourth quarter. On Wednesday, JPMorgan Chase, Goldman Sachs and Citigroup each topped ...

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,

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.

JPMorgan Chase stands head-and-shoulders above the rest of this group of largest U.S. banks by ROAA, while Morgan Stanley runs a pretty close second when its performance is measured by ROTCE. And with such a large balance sheet, it is not a stretch to call JPM the best performer in the U.S. banking industry.

There will be many moving parts for the U.S. economy and for financial markets as the second Trump administration makes its mark on regulation and trade policies. One of Trump's consistent opinions has been that a weaker dollar is good for the U.S. economy because it can boost exports.

Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.