banks

Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul

LONDON — Shares of Barclays rose nearly 7% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55…

Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery

Deutsche Bank shares popped to a more than six-year high on Thursday, after the German lender reported a 10% rise…

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that…

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…

Morgan Stanley tops expectations on wealth management, trading and investment banking results

Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment…

Bank of America tops estimates on better-than-expected interest income, investment banking

Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income…

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts’ expectations, fueled by a surge in trading and…

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.…

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and…

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came…