Earnings

Citigroup posts $1.8 billion fourth-quarter loss after litany of charges

Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year’s…

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net…

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what…

JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues

JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of…

Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed

Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s…