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.
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The New York Times: Banking
JANUARY 15, 2025
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
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.
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Global Banking & Finance
JUNE 21, 2023
UK’s Halfords expects pricing efforts to drive profits By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should help it to retain customers squeezed by inflation that limits their power to spend on bikes and motoring.
Financial Times - Banking
JULY 16, 2024
Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets at higher interest rates
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?
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.
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.
CNBC: Investing
APRIL 11, 2024
Regional banks are taking hits this week and investors are increasing their bearish bets on the sector.
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.
Financial Times - Banking
APRIL 15, 2024
Wall Street bank beats estimates by almost $1bn as investment banking and trading arms report strong results
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.
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.
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
Financial Times - Banking
OCTOBER 16, 2024
Figures beat estimates as investment banking recovers
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?
Financial Times - Banking
OCTOBER 15, 2024
Net income outstrips expectations despite hit from retail banking retreat
Financial Times - Banking
OCTOBER 24, 2024
UK bank lifts guidance for net interest income
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?
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.
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.
Global Banking & Finance
JULY 27, 2023
EDF swings to profit thanks to price increases PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in 2022 thanks to higher electricity prices and nuclear reactor output. Net income was 5.8 billion euros ($6.44 billion), compared with a loss of […]
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.
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?
Financial Times - Banking
JANUARY 17, 2025
Robust performance in trading and dealmaking and strong economy fuel big year for lending giants
Financial Times - Banking
APRIL 8, 2024
Analysts say some lenders could lift their guidance when they report first-quarter results
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.
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.
Global Banking & Finance
AUGUST 24, 2023
Russia’s Gazprom Neft Q2 net profit falls 43% y/y MOSCOW (Reuters) -Russian oil major Gazprom Neft said on Thursday its second-quarter net profit fell 43% from the same period last year to 140.1 Profits for global oil majors have dropped by about half from a bumper 2022, when […] billion roubles ($1.5
Financial Times - Banking
APRIL 26, 2024
Investment bank and brokerage boosted by surging stock and fixed-income trading
Global Banking & Finance
AUGUST 9, 2023
Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.
Financial Times - Banking
FEBRUARY 16, 2024
Remuneration of $31mn comes after boss pared back bank’s lossmaking push into retail banking
Global Banking & Finance
FEBRUARY 8, 2024
Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thursday boosted by growth in its Fastweb business in Italy.
Global Banking & Finance
AUGUST 16, 2024
Selling your home swiftly at a profit may seem daunting, but it can be achieved efficiently with the strategies and approach. Whether you’re moving, facing constraints, or just ready for a change, the key is to increase your property’s appeal to buyers and simplify the selling process.
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.
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.
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
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.
CNBC: Investing
DECEMBER 16, 2024
Now is the time for investors to step to the sidelines on Netflix, according to the investment bank.
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.
CNBC: Investing
FEBRUARY 23, 2024
The beat-down EV stock got a rare double-downgrade from the bank.
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.
CNBC: Investing
NOVEMBER 17, 2023
Bank of America strategist Michael Hartnett gives his contrarian trades to profit from unexpected outcomes in 2024.
Global Banking & Finance
JANUARY 4, 2024
Walgreens slashes dividend even as Q1 profit beats estimates (Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company’s cost-cut measures helped it report better-than-expected quarterly profit.
CNBC: Investing
NOVEMBER 5, 2024
Nishant Pant breaks down a trade in JPMorgan Chase.
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