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,…
Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen
[ad_1] Jared Cohen Anjali Sundaram | CNBC Goldman Sachs CEO David Solomon has hired another senior executive from the technology sector. The investment bank is adding Alphabet‘s Jared Cohen, a…