Regional bank shares slump as lenders warn of more pain from higher interest rates
Regional banks suffered a steep sell-off Friday after a number of weak quarterly earnings reports highlighting the negative impact from…
Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are…
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…
Morgan Stanley shares fall over 6% as wealth management results disappoint
Morgan Stanley posted third-quarter results Wednesday that topped profit estimates on better-than-expected trading revenue. Here’s what the company reported: Profit…
Bank of America tops profit estimates on better-than-expected interest income
Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income. Here’s what the company reported: Profit…
Goldman Sachs tops estimates on stronger-than-expected bond trading
Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts’ estimates on stronger-than-expected trading revenue. Shares of the bank…
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected…
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
