David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.

Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and Anthony Gutman.

Wall Street banks Goldman Sachs and JPMorgan Chase became the latest major companies to feel the heat from anti-DEI activists demanding they eliminate or shrink their “woke” policies, according to a report.

Goldman Sachs (GS) and JPMorgan Chase (JPM) are being pushed by right-leaning activist groups to abandon or shrink their diversity, equity and

Citi led in deal value with advisories worth $60.8bn, while Jefferies dominated in deal volume, advising on 23 transactions.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.

Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday.

Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.

Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.

Amagi, whose clients include NBC Universal, CBS, USA Today and Rakuten, is likely to file draft IPO papers after April. The media tech startup is backed by marquee investors including General Atlantic and Accel.

Citi worked on deals in the consumer sector worth a cumulative $39.36bn. Houlihan Lokey was appointed an adviser on 29 transactions.