Goldman Sachs (GS) 2Q 2022 earnings
[ad_1] Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million more revenue than expected. Here’s what the company reported…
Bank of America (BAC) 2Q 2022 earnings
[ad_1] Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski…
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…
SPACs wipe out half of their value as investors lose appetite for risky growth stocks
[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022. Brendan McDermid | Reuters SPACs, once Wall Street’s hottest tickets,…