JPMorgan (JPM) 2Q 2022 earnings miss
[ad_1] JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO…
Citigroup (C) 2Q 2022 earnings beats
[ad_1] Citigroup on Friday posted second-quarter results that beat analysts’ expectations for profit and revenue as the firm benefited from rising interest rates and strong trading results. Here’s what the…
Wells Fargo (WFC) 2Q 2022 earnings
[ad_1] Wells Fargo said Friday that second-quarter profit declined 48% from a year earlier as the bank set aside funds for bad loans and was stung by declines in its…
Jamie Dimon rips Fed stress test as ‘terrible way to run’ financial system
[ad_1] Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase CEO Jamie…
Morgan Stanley (MS) 2Q 2022 earnings miss
[ad_1] Morgan Stanley posted second-quarter results Thursday that were below analysts’ expectations, hurt by weaker-than-expected investment banking revenue. Here’s what the company reported compared with what Wall Street was expecting,…