STORY: JPMorgan and Goldman Sachs beat Wall Street estimates Wednesday as both banks saw a rise in earnings.
“Our #1 idea for the year is investment banks,” says Hatfield.
He sees investment banking having a “really strong” year, benefiting from looser antitrust regulations under the Trump administration and a boom in artificial intelligence-related IPOs.
“That’s true both in JPMorgan and Goldman Sachs, particularly Goldman Sachs, which is more investment banking-focused,” he said. “The…
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