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The Fed's stress tests showed 34 major US lenders were on a solid capital footing

Major US banks would withstand recession - Fed

The largest US banks would withstand a severe recession and still be able to lend to US households and businesses, the Federal Reserve has said.

Business • 23 Jun 17

US President Donald Trump and Treasury Secretary Steven Mnuchin

US Treasury unveils financial reform plans

The US Treasury Department unveiled a sweeping plan last night to upend the country's financial regulatory framework, which, if successful, would grant many items on Wall Street's wishlist.

Business • 13 Jun 17

Frankfurt's chief lobbyist is expecting a big 'chunk' of US banks to come to the German city

Frankfurt lays claim to Wall Street banks after Brexit

The five largest US investment banks are set to move hundreds of key staff within two years from London to Frankfurt, the city's chief lobbyist told Reuters.

Business • 05 May 17

Bank of New York Mellon is the world's largest custodian bank

BNY Mellon profit beats estimates on lower costs

Bank of New York Mellon today reported a better than expected 18.8% jump in quarterly profit, helped by lower costs and a rise in net interest revenue.

Business • 20 Oct 16

Morgan Stanley's results today wrap up a surprisingly strong quarter for big US banks

Morgan Stanley profit up 61% on trading comeback

Morgan Stanley has today reported a better than expected quarterly profit, boosted by a surge in bond trading.

Business • 19 Oct 16

Goldman Sachs has reported its second rise in quarterly profit in a row after four quarters of decline

Goldman Sachs profit jumps 58% on trading revenues

Goldman Sachs Group has today reported a 57.9% rise in quarterly profit as trading revenue surged.

Business • 18 Oct 16

Bank of America has been cutting costs to help make up for weak income from lending after years of low interest rates

Bank of America Q3 profit up 6.6% on bond trading

Bank of America, the second-largest US bank by assets, today reported its first rise in profit in three quarters, boosted by strong results from bond trading.

Business • 17 Oct 16

Goldman Sachs reports 78% jump in quarterly profit

Goldman Sachs' second quarter profit jumps 78%

Goldman Sachs' quarterly profit jumped 78%, handily beating market expectations, as the Wall Street bank earned more from bond trading and its expenses fell.

Business • 19 Jul 16

Wells Fargo is the biggest US mortgage lender and a major lender to the energy sector

Wells Fargo's Q2 profit slips as provisions jump

Wells Fargo & Co, the biggest US bank by market value, has today reported a 3.5% fall in quarterly profit as it set aside more money to cover potential loan losses.

Business • 15 Jul 16

Citigroup saw a spike in trading volumes after Britain voted on June 23 to exit the European Union

Citigroup's quarterly profit falls by 14%

Citigroup has today reported a 14% fall in quarterly profit, much smaller than the 25% drop the bank's chief executive Michael Corbat had warned of early in June.

Business • 15 Jul 16

Goldman Sachs is the last of the big US banks to release first-quarter results

Goldman Sachs's Q1 income slumps by 56%

Goldman Sachs Group's quarterly profit fell by more than half and revenue slumped to its lowest in over four years as market volatility hit its bond trading and investment banking businesses.

Business • 19 Apr 16

Morgan Stanley said its first quarter earnings fell 54.4% to $1.06 billion

Morgan Stanley's quarterly profit slumps 54%

Morgan Stanley's quarterly profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year.

Business • 18 Apr 16

Citigroup's profit decline is the biggest among big US banks that have reported Q1 results so far

Citigroup's first quarter profit plunges 27%

Citigroup's quarterly profit plunged 27% as the bank set aside money to cover losses on energy loans and its costs related to shrinking some businesses rose.

Business • 15 Apr 16

Citigroup's living will did pass US requirements, but regulators noted it had 'shortcomings'

US regulators fail 'living wills' at 5 of 8 banks

Five out of eight of the biggest US banks do not have credible plans for winding down operations during a crisis without the help of public money, federal regulators said today.

Business • 13 Apr 16

JPMorgan is the first US bank to report results since the Federal Reserve's decision in December to raise rates

JPMorgan Chase's quarterly profit falls 6.7%

JPMorgan Chase & Co, the biggest US bank by assets, today reported a 6.7% drop in quarterly profit as costs to cover possible sour loans to troubled shale oil companies rose.

Business • 13 Apr 16

JPMorgan Chase & Co is the first US bank to report results since the Fed raised rates for the first time since 2006

JPMorgan Chase's quarterly profit rises 10%

JPMorgan Chase & Co, the biggest US bank by assets, reported a 10.2% rise in profit for the last quarter of the year as it kept a tight lid on expenses.

Business • 14 Jan 16

JPMorgan Chase & Co is the biggest US bank by assets

Weak trading hits JPMorgan Chase quarterly profits

JPMorgan Chase & Co, the biggest US bank by assets, reported a 6.4% decline in revenue and profit declines in three of its four main businesses last night.

Business • 14 Oct 15

JPMorgan Chase's net income rose to $6.29 billion from $5.98 billion a year ago

JPMorgan's quarterly profit rises as expenses fall

JPMorgan Chase & Co, the biggest US bank by assets, has today reported a 5.2% increase in quarterly profit as expenses declined.

Business • 14 Jul 15

Revenue in the bank's wealth management business rose 6.2% to $3.83 billion

Morgan Stanley profit jumps on trading revenue

Morgan Stanley today reported a much stronger than expected rise in quarterly profit, boosted by higher revenue from trading bonds and equities.

Business • 20 Apr 15

Wells Fargo boosted by improved US mortgage market

Wells Fargo Q1 profit beats expectations

US bank Wells Fargo today reported a better than expected quarterly profit as revenue from mortgage banking rose after four quarters of decline.

Business • 14 Apr 15

JP Morgan Chase's net income rose to $5.91 billion in the first quarter from $5.27 billion a year ago

JPMorgan profit up as fixed-income trading rises

JPMorgan Chase & Co today reported a 12.2% rise in quarterly profit as revenue from fixed-income trading rebounded.

Business • 14 Apr 15

Federal Deposit Insurance Corp figures show that the US banking industry earned $40.3 billion in the first quarter

US banks report record earnings of $40.3 billion

US banks earned more from in the three months from January to March than during any quarter on record.

Business • 29 May 13

The Federal Deposit Insurance Corp said US banks earned $34.7 billion in the fourth quarter

US banks' Q4 earnings highest in six years

Profits of US banks jumped almost 37% in the three months from October to December, reaching the highest level in six years as banks continued to step up lending.

Business • 26 Feb 13

Quarterly revenues at JPMorgan Chase up 10%

JPMorgan reports higher quarterly earnings

JPMorgan Chase, the biggest US bank by assets, said today its fourth-quarter earnings shot up 55% over the year.

Business • 16 Jan 13

US bank earnings see biggest rise in six years

US banks earned more in the three months from July to September than in any other quarter over the past six years.

Business • 04 Dec 12

Us Banks