Bank stocks pop after Fed releases ‘easier’ 2025 stress test
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. …
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…
Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and…
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the…
Morgan Stanley tops estimates on better-than-expected bond trading revenue
Morgan Stanley on Wednesday topped estimates for first-quarter profit and revenue on better-than-expected trading results. Here’s how the company did:…
Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
