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…
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…
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…
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…
Businesses are returning $140 million in surprise overdraft fees to consumers, according to a CFPB report
WASHINGTON — The nation’s federal consumer protection watchdog announced Wednesday that companies will refund $140 million to customers as a…
White House announces new efforts to crack down on ‘tens of billions’ in junk fees
WASHINGTON — The White House on Wednesday announced new initiatives to rein in tens of billions worth of surcharges tied…
