Tech stocks and IPOs drove the increase
The bank’s balance sheet is heavily weighted toward short-term interest rates
Profits likely to remain under pressure in 2021, but capital and liquidity are strong
U.S. bank's year-over-year profit jumped 42%
The bank's profit rose 4% during the final quarter of the year
The regulator's initiative will push banks to address rising ESG risks, says a new report
Executive pay raises also remain on hold for now
Banks are monitoring the economic recovery as they develop strategies for their branches
The deal is expected to close during the first half of 2021
Artificial intelligence is playing a bigger role in banks' tech strategies