Huan Qiu Wang·2026-01-17 00:50Group 1 - Goldman Sachs and Morgan Stanley reported profit growth in the fourth quarter, with Goldman Sachs' profits increasing by 12% and Morgan Stanley's by 18% [3] - Goldman Sachs' stock trading revenue reached $4.31 billion, significantly higher than Morgan Stanley's $3.7 billion, setting a new record for bank stock trading [3] - BlackRock reported a record inflow of funds, leading to its assets under management surpassing $14 trillion for the first time [3] Group 2 - Goldman Sachs' investment banking business saw a surge, with the volume of pending deals reaching its highest level in four years [3] - The termination of the partnership with Apple regarding credit cards contributed to Goldman Sachs' profit growth [3] - Morgan Stanley's profit growth was attributed to gains in both its investment banking and stock trading businesses [3]