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.
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JPMorgan, Citigroup and Wells Fargo Report Better-than-Expected Profits
The New York Times: Banking
JULY 14, 2023
billion in profit last quarter, a hefty jump from the same period last year. Three of the biggest banks in the United States made a cumulative $22.3
Goldman Sachs Reports Steep Fall in Profit, Highlighting Bank’s Woes
The New York Times: Banking
JULY 19, 2023
The investment bank reported a profit half as large as its rival Morgan Stanley, to say nothing of larger lenders.
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.
UBS Reports $29 Billion Profit, a Record
The New York Times: Banking
AUGUST 31, 2023
The huge gain stems from the bank’s acquisition of its rival Credit Suisse this spring for about $3.2 billion, a steep discount that is skewing its quarterly results.
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.
How does the bank make a profit?
Global Banking & Finance
JANUARY 22, 2024
How does the bank make a profit? However, have you ever wondered how these financial institutions actually make a profit? In the complex landscape of finance, banks play a pivotal role in facilitating economic growth by providing a multitude of services.
Wall Street Lands on India, Looking for Profits It Can’t Find in China
The New York Times: Banking
MAY 30, 2024
Stock markets in Mumbai have surged as big global investors hope India can become a source of growth. It won’t be so easy.
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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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Can You Supercharge Your Business Growth? The Roll-Up Strategy REVEALED
How2Exit
NOVEMBER 25, 2024
Financial institutions, through methods like industrial revenue bonds and mezzanine loans, present existing CEOs and potential entrepreneurs with creative funding structures to support roll-ups. Executives looking to expand their influence and operational bandwidth should consider the diverse opportunities that roll-ups represent.
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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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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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Executive Strategies for Cyber-Resilient Banking
Global Banking & Finance
SEPTEMBER 9, 2024
Increase Resilience Against Third-Party Risk with These 5 Strategies Banks today are embracing Digital Transformation to expand capabilities, maximize profits, and increase customer offerings. However, financial institutions may not be fully aware […] In 2023, 74% of banks were accelerating their digital transformation.
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JPMorgan’s Profit Jumps, but Interest Rates Remain a Threat
The New York Times: Banking
JULY 14, 2023
It was another quarter of banner financial results for the largest lender in America.
Wall Street Profits Surge Despite Questions About the Economy
The New York Times: Banking
OCTOBER 11, 2024
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.
Goldman Sachs’s Revamp Takes Shape With Another Profit Haul
The New York Times: Banking
JULY 15, 2024
The Wall Street investment bank earned $3 billion in the second quarter, more than double the tally from a year earlier.
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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JPMorgan and Wells Fargo Earnings Show Toll of Inflation
The New York Times: Banking
JULY 12, 2024
At Wells Fargo, a core measure of profitability sank. JPMorgan and Wells Fargo reported that overall deposits dropped.
Webinar: International Women’s Day 2024 – What does progress look like?
The TRADE
MARCH 5, 2024
Join editor at The TRADE, Annabel Smith, head of trading at Syz Group, Valérie Noël, head of foreign exchange at Fidelity, Nigell Todd, and co-founder of not-for-profit Everyone Matters, Pat Sharman, to delve into the current state of play of gender diversity in capital markets.
Reviving Distressed Assets: The Business Model of Asset Reconstruction Companies
Wizenius
MARCH 30, 2023
An Asset Reconstruction Company (ARC) is a specialized financial institution that acquires non-performing assets (NPAs) or distressed assets from banks or financial institutions at a discounted price. Profit sharing : Once the assets are resolved, the ARC shares the profits with its investors.
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Citigroup Says Its Predecessors Benefited From Slavery
The New York Times: Banking
JULY 27, 2023
The bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties rather than direct profits.
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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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UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal
The New York Times: Banking
AUGUST 31, 2023
The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.
How to raise first equity finance for your business
Growth Business
JUNE 29, 2023
The objectives you set for the business will dictate the type of finance you should raise: the two key options being equity (selling shares in your company) and debt (borrowing from a bank or financial institution). If growth and sale are not part of your plan, then an equity raise is not the right choice for you.
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Big Banks Open Their Books for First Test After Rate Cuts
The New York Times: Banking
OCTOBER 11, 2024
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better than had been expected, a sign that the economy remained solid.
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For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
The New York Times: Banking
OCTOBER 17, 2023
The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its turnaround.
Cooperative Banking: Meaning, Structure & Advantages
Razorpay
JULY 20, 2023
Cooperative banking refers to a small financial institution started by a group of individuals to address the capital needs of their specific community. Such financial institutions are owned and controlled by their members, and the board members are democratically selected to oversee the operations.
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SGX FX releases updated AI offering to help bolster FX decision-making
The TRADE
APRIL 29, 2024
SGX FX has unveiled the latest version of its artificial intelligence (AI) tool, giving financial institutions improved access to faster and more informed foreign exchange (FX) trading decisions.
Statement of Cash Flow
Wall Street Mojo
JANUARY 17, 2024
This differentiation helps identify a company’s profitability Profitability Profitability refers to a company's ability to generate revenue and maximize profit above its expenditure and operational costs. It is measured using specific ratios such as gross profit margin, EBITDA, and net profit margin.
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Exploring the Pros and Cons of Seller Financing, Equity Investment, and All-Cash Offers
Sun Acquisitions
FEBRUARY 1, 2024
Potential Lower Profit: Sellers might earn less profit over time than an all-cash deal, as they receive payments over an extended period rather than a lump sum upfront. Pros: Reduced Financial Burden: Buyers can share the financial burden with an equity investor, making it easier to afford high-value properties or renovations.
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LSEG sees double-digit growth across post-trade as exchange continues to reap benefits of acquisition push
The TRADE
FEBRUARY 29, 2024
Our post-trade business is in the early phase of its next stage of growth, helping financial institutions manage risk and improve capital efficiency across the whole trading book.” He added: “In capital markets, we are collaborating more extensively with Tradeweb, creating new avenues for growth.
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Wall Street’s Most Hated Regulator Faces a Fundamental Threat
The New York Times: Banking
OCTOBER 1, 2023
Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”
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Short selling buck to stop with the FCA as watchdog gets greater powers post-Brexit
The TRADE
NOVEMBER 24, 2023
This is why we are seeing more and more financial institutions looking to reconstruct their trades to help authorities assess whether short-selling activities adhere to established rules.” However, on the occasions when executed improperly, it has the potential to disrupt market integrity.
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Interest Rate Swap | Examples | Uses | Swap Curve
Wall Street Mojo
JANUARY 17, 2024
Financial institutions with good credit ratings offer swap facilities to clients and charge fees from brokers. Usually, financial institutions with very high credit worthiness are the ones that offer the swap market to clients who may be investors or other financial institutions. read more of the risk.
What are export payments and how to choose the right one for your business?
Razorpay
OCTOBER 13, 2023
By expanding the market and tapping into global opportunities, exports can prove to be extremely profitable for businesses. Cross border wire transfers can incur fees depending on the banks or financial institutions involved.
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What is Banking?
Razorpay
JUNE 8, 2023
A bank is any financial institution that helps people and businesses store, invest and borrow money. They are intermediaries in the transaction and work with large corporations, hedge funds, and other financial institutions. What is Banking? It plays an important role in the movement of money through the economy.
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The 11 Concepts And Ideas I Learned From Interviewing ChatGPT On How To Buy A Business.
How2Exit
FEBRUARY 23, 2023
Buying an existing business can provide an entrepreneur with a customer base, a proven business model, existing infrastructure, immediate revenue and profits, and experienced employees. An existing business may also be generating revenue and profits, which can provide a source of income and a return on investment.
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What is Six Sigma? A Strategy to Improve Business Processes
Peak Frameworks
SEPTEMBER 19, 2023
Cost Savings and Increased Profitability: American Express, by leveraging Six Sigma, was able to save billions of dollars and ensure streamlined operations. However, with the right guidance and resources, these challenges can be overcome, leading to enhanced profitability and efficiency.
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What are Corporate Accounts? Meaning, Benefits & Types
Razorpay
MARCH 18, 2024
Corporate Account that supercharges your banking experience The RazorpayX-powered current account is backed by leading financial institutions. Decide on an investment strategy Business owners should formulate a suitable investment strategy for their corporate accounts based on their financial goals.
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What is a Merchant Account? How to Get a Merchant Account?
Razorpay
DECEMBER 1, 2023
Businesses of various types, including sole proprietorships, partnerships, LLCs, corporations, and non-profit organizations, can apply for a merchant account. Eligibility criteria vary, and financial institutions assess factors like credit history, processing volume, industry type, and risk assessment. Card acceptance policy.
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What is Market Planning (Market Research, Segmentation, and Examples)
Peak Frameworks
SEPTEMBER 12, 2023
Consider profitability, market growth, and the competitive landscape. Some pivotal KPIs include: Assets Under Management (AUM) Growth: Reflects the total market value of assets a financial institution manages on behalf of clients. That’s market segmentation at work.
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How Bank Reconciliation Helps Businesses?
Razorpay
MAY 17, 2023
Bank reconciliation refers to the process by which the bank account balance of a business entity is reconciled with the amount recorded by financial institutions in the latest bank statement. The main objective of conducting this process is to prepare a statement recording the difference between these two.
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What Is a Payment Network? Types, Benefits and How it Works?
Razorpay
AUGUST 11, 2024
A payment network is a system that processes electronic payments between consumers, businesses, and financial institutions. The former include Visa and Mastercard, which allows third-party financial institutions to issue credit cards for online card payment. What is a Payment Network? Frequently Asked Questions (FAQs) 1.
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