Finance

Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

Morgan Stanley said second-quarter profit and revenue topped analysts’ estimates on stronger-than-expected trading and investment banking results. Here’s what the…

Bank of America shares jump 5% after saying net interest income rebound is coming

Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.…

Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the…

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald…

Goldman Sachs tops estimates on better-than-expected fixed income trading

Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss…

China reports second-quarter GDP growth of 4.7%, missing expectations

BEIJING — China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year,…