Morgan Stanley beats estimates on record wealth management revenue
Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s…
Bank of America tops analysts’ expectations amid higher interest rates
Bank of America on Tuesday posted second-quarter profit and revenue that edged out expectations as the company reaped more interest…
Warren Buffett’s Berkshire Hathaway cuts Activision stake as Microsoft deal inches closer
Warren Buffett’s Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video…
ETFs can still compete in ‘stock picker’s’ market, investor says
Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor. “A lot of money is…
Home advantage? Why investors may want to avoid the international trade
Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO…
Binance could lay off thousands as company buckles down for DOJ probe, source says
Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end…
Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules
JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would…
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…
