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…
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…
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…
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan…
Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led…
This trade is where big investors are hiding out amid choppy markets, Goldman Sachs says
Investors have piled into short-term U.S. government bonds in a bid to wait out the upheaval caused by a blowout…
Why borrowing costs for nearly everything are surging, and what it means for you
Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as…
Eight big U.S. bank CEOs to face Senate Banking Committee grilling in December
Eight CEOs of the largest U.S. banks will face questioning at a Senate Banking Committee hearing in December, according to…
