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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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Wells Fargo (WFC) Q3 2024 Earnings Call Transcript

The Motley Fool

We are also investing in our branches and have refurbished over 460 branches during the first three quarters of this year. We continue to hire proven leaders in our corporate investment bank. We also hired a new vice chair of corporate banking, who is focused on helping us continue to expand and grow that franchise.

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Bank of America (BAC) Q3 2024 Earnings Call Transcript

The Motley Fool

At Bank of America, our commitment to responsible growth remains unwavering, and this quarter is another illustration of that. In the third quarter, Bank of America generated $25.5 billion in net income after tax. billion or more on a fully tax equivalent basis. We grew, we did it the right way. We reported $16.5

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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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Wells Fargo (WFC) Q2 2024 Earnings Call Transcript

The Motley Fool

We continue to generate strong fee-based revenue growth with increases across most categories compared to a year ago due to both the investments we're making in our businesses and favorable market conditions with particular strength in investment advisory, trading activities, and investment banking.

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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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JPMorgan Chase (JPM) Q2 2024 Earnings Call Transcript

The Motley Fool

billion or 21%, largely driven by higher investment banking revenue and asset management fees. Both periods included net investment securities losses. Next, the commercial and investment bank on Page 5. Our new commercial and investment bank reported net income of 5.9 billion or 56%.

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