JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The New York Times: Banking
JANUARY 15, 2025
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
The New York Times: Banking
NOVEMBER 4, 2024
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.
Profitability 
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Morgan Stanley’s wealth business stumbles even as profits jump
Financial Times - Banking
JULY 16, 2024
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets at higher interest rates
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Binance is banking big on M&A and VC deals
TechCrunch: M&A
MAY 15, 2023
I know you just started recently, but what are the profitability metrics that Binance looks at as its north star? Binance is banking big on M&A and VC deals by Jacquelyn Melinek originally published on TechCrunch Editor’s note: This interview has been edited for length and clarity.) And how has performance been?
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Sabadell doubles Q2 net profit, lifts guidance for 2023
Global Banking & Finance
JULY 27, 2023
Sabadell doubles Q2 net profit, lifts guidance for 2023 By Jesús Aguado MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in the second quarter, beating market expectations and prompting the bank to lift its guidance for overall lending income and profitability in 2023.
Profits Leap at Goldman Sachs as Banks See Steady Economy
The New York Times: Banking
OCTOBER 15, 2024
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.
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Regional banks are struggling. Here's why and how to profit from the trend with options
CNBC: Investing
APRIL 11, 2024
Regional banks are taking hits this week and investors are increasing their bearish bets on the sector.
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Swedbank profit exceeds forecast as real estate slump leaves scant mark
Global Banking & Finance
JULY 18, 2023
Swedbank profit exceeds forecast as real estate slump leaves scant mark By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter.
Goldman Sachs traders help profits jump 28%
Financial Times - Banking
APRIL 15, 2024
Wall Street bank beats estimates by almost $1bn as investment banking and trading arms report strong results
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TDECU Signs Definitive Agreement to Acquire Sabine State Bank and Trust to Increase Commercial Banking Opportunities in Texas and Louisiana
Global Newswire by Notified: M&A
APRIL 30, 2024
The not-for-profit credit union creates greater access for all Members, including small businesses that specialize in oil and gas, energy and agriculture. The not-for-profit credit union creates greater access for all Members, including small businesses that specialize in oil and gas, energy and agriculture.
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PSBs profit tripled to Rs 1.04 trn in 9 yrs; need to continue momentum: FM
Business Standard - FInance
JULY 1, 2023
Finance Minister Nirmala Sitharaman on Saturday said the public sector banks' profit in the last nine years has tripled to Rs 1.04 The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04 The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04
Buy these five stocks ahead of earnings before it's too late, Bank of America says
CNBC: Investing
APRIL 20, 2024
Bank of America says investors shouldn't hesitate before picking up stock in these companies before they report their latest profits.
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Morgan Stanley third-quarter profits rise 32% to $3.2bn
Financial Times - Banking
OCTOBER 16, 2024
Figures beat estimates as investment banking recovers
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Goldman profits jump 45% to $3bn after trading boost
Financial Times - Banking
OCTOBER 15, 2024
Net income outstrips expectations despite hit from retail banking retreat
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Barclays profits rise 23% as dealmaking returns
Financial Times - Banking
OCTOBER 24, 2024
UK bank lifts guidance for net interest income
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How Issac Qureshi Built an E-Commerce Empire: Mergers, Acquisitions, and Leveraged Buyouts
How2Exit
OCTOBER 28, 2024
With roots in the banking sector, Issac began his career at Royal Bank of Scotland Group. He was the youngest board member and played a key role in significant acquisitions such as Natwest Bank, Citizens Bank, and Bahambro in the Netherlands.
Italy shocks banks with 40% windfall tax for 2023
Global Banking & Finance
AUGUST 8, 2023
Italy shocks banks with 40% windfall tax for 2023 By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy has approved a one-off 40% tax on profits banks reap from higher interest rates after reprimanding lenders for failing to reward deposits, in a surprise move that sent banking shares plunging across Europe.
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How to profit from a 2024 comeback for these 2 bank stocks in a trade with limited risk
CNBC: Investing
JANUARY 8, 2024
Since bottoming in late October 2023, the "money center" banks reporting this week have outperformed the S&P 500 by an average of nearly 15%. Can this outperformance continue?
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Biggest US banks notch up $142bn in profits in blockbuster 2024
Financial Times - Banking
JANUARY 17, 2025
Robust performance in trading and dealmaking and strong economy fuel big year for lending giants
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U.S. banks point to resilient but slowing economy, flag risks ahead
Global Banking & Finance
JULY 14, 2023
banks point to resilient but slowing economy, flag risks ahead (Reuters) – Some of the largest U.S. banks got a profit boost from higher interest rates and pointed to early signs of recovery in investment banking but warned that the economy was slowing and losses would increase in commercial real estate.
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US banks set for profits boost as expectations grow of fewer Fed rate cuts
Financial Times - Banking
APRIL 8, 2024
Analysts say some lenders could lift their guidance when they report first-quarter results
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Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says
The New York Times: Banking
FEBRUARY 1, 2024
For some companies, the new technology is an opportunity to enhance productivity and profit. Will their workers benefit as well?
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Nomura profits soar as Japan’s stock market breaks bubble-era record
Financial Times - Banking
APRIL 26, 2024
Investment bank and brokerage boosted by surging stock and fixed-income trading
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107 Goldman raises CEO Solomon’s pay 24% despite weaker profits
Financial Times - Banking
FEBRUARY 16, 2024
Remuneration of $31mn comes after boss pared back bank’s lossmaking push into retail banking
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JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits
The New York Times: Banking
JULY 14, 2023
Three of the biggest banks in the United States made a cumulative $22.3 billion in profit last quarter, a hefty jump from the same period last year.
JPMorgan Chase, Bank of America and Wells Fargo Earned Billions
The New York Times: Banking
JANUARY 12, 2024
JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.
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Bank of America says this gambling stock is reaching an 'inflection point' and should rally 20%
CNBC: Investing
JULY 12, 2023
DraftKings is poised for an upswing as the sports betting stock nears a margin and profitability inflection point, according to Bank of America.
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Morgan Stanley profits drop 9% after investment banking slump
Financial Times - Banking
OCTOBER 18, 2023
Falling revenues in division compounded by slower growth in wealth management
Why Banks May Be Hoping You’re Not Paying Attention
The New York Times: Banking
FEBRUARY 2, 2025
They have no fiduciary duty in many cases and can profit from customers confusion. But wheres the line between unsavory and illegal?
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A Slimmer Goldman Sachs Posts Hefty Jump in Profit
The New York Times: Banking
APRIL 15, 2024
The Wall Street bank recorded nearly $4 billion in profit, beating analyst expectations in a tough quarter for big banks.
Data center boom is tailwind for natural gas. Goldman says these pipeline stocks will profit
CNBC: Investing
MAY 5, 2024
Rising demand for natural gas-fueled power from data centers may prove a boon to Kinder Morgan and Williams Companies, according to the Wall Street bank.
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Bank of America Reports Big Jump in Profit on Higher Interest Rates
The New York Times: Banking
JULY 18, 2023
One of the nation’s largest banks reported across-the-board strength in its latest quarter, with sales and earnings that surpassed analysts’ expectations.
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BNP Paribas’ equities traders boost quarterly profits
Financial Times - Banking
JULY 23, 2024
France’s biggest bank reports revenue surge after election volatility and an ECB rate cut propelled client demand
FOCUS Investment Banking Managing Director, Cole Strandberg, presents during the IDEAS Collide Showcase at SEMA
Focus Investment Banking
NOVEMBER 20, 2024
Washington, DC, (November 20, 2024) – Cole Strandberg, Managing Director at FOCUS Investment Banking and host of the Autobody News Collision Vision podcast , was one of several auto aftermarket experts to present during the IDEAS Collide Showcase at SEMA earlier this month. It turns them into that NASCAR pit crew,” he stated.
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
Financial Times - Banking
APRIL 24, 2024
First-quarter net income increased 10% from a year earlier to €1.45bn
Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages
The New York Times: Banking
JUNE 29, 2023
The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.
Goldman thinks oil is headed higher again and recommends an options trade to profit from the rebound
CNBC: Investing
NOVEMBER 16, 2023
The investment bank recommends buying a $71 United States Oil ETF call for April 2024 to take advantage of what it expects to be a jump in prices.
Eurozone shares wobble while investment banking sees boost
World Finance
FEBRUARY 6, 2025
Spurred on by their investment banking divisions, many of the largest European banks are on course for profitability in 2024, but slow growth in the Eurozone amid ongoing conflict in Ukraine and the Middle East could signal trouble ahead
Goldman Sachs has 'solid' second quarter as profits rise 14%
American Banker - Investment Banking
JULY 15, 2024
Goldman's two main businesses — global banking and markets, and asset and wealth management — both recorded year-over-year increases in revenues during the second quarter. "We We are pleased with our solid second quarter results," CEO David Solomon said Monday in a press release.
Netflix has never looked better, so it may be time to take some profits, says Loop Capital
CNBC: Investing
DECEMBER 16, 2024
Now is the time for investors to step to the sidelines on Netflix, according to the investment bank.
How This Dealmaker Closes a Business Acquisition Every Week—WITHOUT Using His Own Money!
How2Exit
MARCH 10, 2025
Key Takeaways: Vendor Financing as a Deal-Making Tool – Richmond explains how structuring deals with seller financing, instead of traditional bank loans, helps align interests and often results in better terms for both buyers and sellers. Overcoming Seller Expectations – Many business owners overvalue their companies.
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Michael Mufson Discusses Investment Banking and Business Exit Strategies
How2Exit
JUNE 10, 2024
E221: Michael Mufson Discusses Investment Banking and Business Exit Strategies - Watch Here About the Guest(s): Michael Mufson is a seasoned investment banker with a distinguished career spanning over several decades. Understanding the investment banking process can make a significant difference when preparing to sell or merge a business.
Rivian gets a double downgrade from UBS, which says profitability will be harder to achieve
CNBC: Investing
FEBRUARY 23, 2024
The beat-down EV stock got a rare double-downgrade from the bank.
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Goldman says these stocks will grow profitability, while the rest of corporate America struggles
CNBC: Investing
JUNE 20, 2023
The investment bank looked at return on equity, which measures net income divided by shareholders' equity.
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