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…
What to expect from bank earnings as high interest rates pressure smaller players
The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since…
Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according…
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Switzerland’s tough new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street…
New York Community Bank’s online arm is paying the nation’s highest interest rate
New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest…
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced that artificial intelligence will have a…
