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Here's How Billionaires Buy Stocks

The Motley Fool

A family office A family office is a unique wealth management firm that caters to billionaires and the ultra-wealthy. A family office may offer financial planning, investment management, tax expertise, and charitable giving opportunities.

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Bank of America (BAC) Q4 2023 Earnings Call Transcript

The Motley Fool

Here, at Bank of America, our teammates finished 2023 with a solid fourth quarter. billion after tax, or $0.70 Our team at Bank of America delivered strong profits for shareholders across a challenging year, navigating a slowing economy, geopolitical tensions, bank failures, and the impact of a rate hike of historic speed.

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JPMorgan Chase (JPM) Q1 2024 Earnings Call Transcript

The Motley Fool

billion or 12% driven by higher firmwide asset management and Investment Banking fees as well as lower net investment securities losses. Next, the Corporate & Investment Bank on Page 5. Investment Banking revenue of $2 billion was up 27% year on year. NIR ex Markets was up $1.2

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Citigroup (C) Q2 2023 Earnings Call Transcript

The Motley Fool

In banking, the momentum in investment-grade debt has spread into other DCM products. But the long-awaited rebound in investment banking has yet to materialize. And it was a disappointing quarter in terms of both the wallet and our own performance, with investment banking revenues down 24%.

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Walker & Dunlop (WD) Q4 2023 Earnings Call Transcript

The Motley Fool

We also expanded Zelman's investment banking capabilities into the commercial market in 2023. And in the fourth quarter, the investment banking team closed three transactions, albeit all in the single-family sector, that boosted revenues and expanded the W&D brand significantly.

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JPMorgan Chase (JPM) Q4 2023 Earnings Call Transcript

The Motley Fool

Investment banking revenue of 1.6 IB fees were also up 13% year on year, and we ended the year ranked No. In advisory, fees were up 2%. Payments revenue of 2 billion was up 2% year on year, driven by fee growth, largely offset by deposit-related client credits. Next, the CIB on Page 6. Revenue of 3.7 Expenses of 1.4

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JPMorgan Chase (JPM) Q2 2023 Earnings Call Transcript

The Motley Fool

In banking and wealth management, revenue was up 59% year on year, driven by higher NII on higher rates. End-of-period deposits were down 4% quarter on quarter as customers continue to spend down their cash buffers, including for seasonal tax payments, and seek higher-yielding products. Investment banking revenue of 1.5

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