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Bank of America is the second-largest US bank by assets

Bank of America beats profit estimates on lending gains

Bank of America, the second-largest US bank by assets, beat analysts' estimates for quarterly profit as gains from trading in stocks and robust loan growth helped cushion it from lower interest rates.

Business • 16 Oct 19

The San Francisco-based lender last month appointed Charles Scharf as its CEO

Wells Fargo Q3 profit slumps 26% on legal costs

Wells Fargo & Co today reported a 26% slump in quarterly profit, as mortgage income sank and it braced for additional legal expenses tied to a sales practices scandal that erupted more than three years ago.

Business • 15 Oct 19

Citigroup said its total revenue in the third quarter rose about 1% to $18.57 billion

Citigroup profit rises 6% on investment bank strength

Citigroup has today reported higher profit and revenue, driven by growth in its global consumer business and lower expenses.

Business • 15 Oct 19

Goldman Sachs said its third quarter earnings per share fell to $4.79 from $6.28 a year earlier

Goldman Sachs Q3 profit hurt by weak underwriting, M&A

Goldman Sachs Group today missed Wall Street's estimates for quarterly profit as global economic worries dampened appetite for deals and share sales.

Business • 15 Oct 19

JPMorgan Chase & Co's CEO Jamie Dimon said that US consumers remains 'healthy'

JPMorgan profit boosted by bond trading in Q3

JPMorgan Chase & Co today beat Wall Street estimates for quarterly profit by a wide margin, underpinned by strength in bond trading and underwriting.

Business • 15 Oct 19

Low market volatility crimped Morgan Stanley's trading and advisory revenue

Morgan Stanley profit beats on wealth management focus

Morgan Stanley reported a drop in quarterly profit but beat analysts' expectations on slim gains in its wealth management business and lower expenses.

Business • 18 Jul 19

Bank of America said its latest quarterly revenue rose by 2% to over $23 billion

Bank of America reports 10% rise in Q2 profits

Bank of America has today beaten estimates for quarterly profit, as America's second-largest lender's loan book benefited from a healthy domestic economy.

Business • 17 Jul 19

Wells Fargo is the fourth biggest bank in the US

Wells Fargo's quarterly profit rises by 22%

Wells Fargo & Co has today reported higher quarterly profit despite flat revenue as the bank benefited from aggressive cost-cutting.

Business • 16 Jul 19

Goldman Sachs was hurt by muted fixed income trading activity and weakness in debt underwriting

Goldman Sachs profit beats forecasts on equity trading

Goldman Sachs Group today reported a better than expected quarterly profit as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies.

Business • 16 Jul 19

PMorgan's results are closely watched by investors looking to gauge the health of the US economy

JPMorgan profit beats estimates on lending strength

JPMorgan Chase & Co has today reported a better than expected quarterly profit as higher interest income and buoyant consumer lending offset lower activity at its trading desks.

Business • 16 Jul 19

Citi is the first major US bank to report second-quarter earnings

Citigroup profit rises on gains in consumer lending

Citigroup today beat analysts' estimates for quarterly profit, as a tight lid on costs and strength in consumer lending helped the third-largest US bank counter weakness in its trading business.

Business • 15 Jul 19

Morgan Stanley posts a 9% drop in quarterly profit

Morgan Stanley's Q1 profit beats forecast

Morgan Stanley beat analysts' estimates for a quarterly profit today on gains in its wealth management business and lower expenses.

Business • 17 Apr 19

Bank of America's quarterly results beat expectations

Bank of America's profit rises 6% on growing loan book

Bank of America has today reported a 6% rise in quarterly profit, as a growing loan book and cost cuts made up for a drop in revenue in investment banking.

Business • 16 Apr 19

Wells Fargo continued to reap the benefits of its aggressive cost-cutting plans

Wells Fargo's Q1 profit rises 16% as cost cuts pay off

Wells Fargo & Co today reported a 16.4% jump in quarterly profit, as the US lender reaped the benefits of its aggressive cost-cutting efforts.

Business • 12 Apr 19

JP Morgan Chase & Co's chief executive Jamie Dimon

JPMorgan tops estimates on higher interest income

JPMorgan Chase & Co has today reported a better-than-expected quarterly profit, as higher interest income and gains in the bank's advisory and debt underwriting business offset weakness in trading.

Business • 12 Apr 19

The deal is the biggest bank deal in the US since the 2007-2009 financial crisis

US banks BB&T and SunTrust announce $66 billion merger

US regional lender BB&T has announced a deal to buy rival SunTrust Banks for about $28 billion in stock.

Business • 07 Feb 19

JPMorgan Chase & Co is the largest US bank by assets

JPMorgan misses profit estimates as bond trading slumps

JPMorgan Chase & Co has reported a lower-than-expected quarterly profit as weakness in bond trading due to spikes in market volatility at the end of the year more than offset gains from higher interest rates and loan growth.

Business • 15 Jan 19

Morgan Stanely said a strong performance in its equities trading business outweighed weakness in bond trading

Morgan Stanley profit up 19% on equity trading strength

Morgan Stanley has today beaten estimates for quarterly profit as higher revenue from trading in stocks and strong equity underwriting outweighed weakness in its bond trading and advisory businesses.

Business • 16 Oct 18

Bank of America has benefited from US President Donald Trump's tax cuts and a rise in interest rates

Bank of America profit beats estimates on cost cuts

Bank of America has today reported a better-than-expected rise in quarterly profit as the second-largest US lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue.

Business • 15 Oct 18

Bond trading revenue at Citi rose 9% in the three months to September

Citigroup profit beats on higher bond trading

Citigroup has today reported a better-than-expected quarterly profit, helped by higher bond trading revenue and strength in its consumer banking business in Mexico.

Business • 12 Oct 18

JP Morgan Chase & Co's CEO Jamie Dimon noted that the US and global economies continue to show strength

JPMorgan Chase profit boosted by higher interest rates

JPMorgan Chase & Co has today reported higher-than-expected quarterly profit as gains from higher interest rates and a growth in loans helped the bank offset weakness in bond trading revenue.

Business • 12 Oct 18

Morgan Stanley's net revenue rose 11.6% to $10.61 billion in the second quarter of the year

Morgan Stanley beats second quarter forecasts

Morgan Stanley has today reported a better than expected quarterly profit, driven by higher revenues in equities and fixed income trading as well as investment banking.

Business • 18 Jul 18

Goldman Sachs has named David Solomon as its new CEO

Goldman Sachs results beat expectations, names new CEO

Goldman Sachs Group today reported a 44% rise in second-quarter profit, driven by strength in its investment banking and fixed income trading businesses.

Business • 17 Jul 18

The US Fed said its latest tests showed that banks would end the next recession in better shape than they started the last one

Largest US banks would survive recession - Fed

The 35 largest US banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress tests.

Business • 22 Jun 18

Morgan Stanley's first quarter profits boosted by increased market volatility

Morgan Stanley profit jumps 40% on trading boost

Morgan Stanley has today reported a 40% jump in quarterly profit, as its trading business got a boost from increased market volatility.

Business • 18 Apr 18

Us Banks

Bank of America beats profit estimates on lending gains

Wells Fargo Q3 profit slumps 26% on legal costs

Citigroup profit rises 6% on investment bank strength

Goldman Sachs Q3 profit hurt by weak underwriting, M&A

JPMorgan profit boosted by bond trading in Q3

Morgan Stanley profit beats on wealth management focus

Bank of America reports 10% rise in Q2 profits

Wells Fargo's quarterly profit rises by 22%

Goldman Sachs profit beats forecasts on equity trading

JPMorgan profit beats estimates on lending strength

Citigroup profit rises on gains in consumer lending

Morgan Stanley's Q1 profit beats forecast

Bank of America's profit rises 6% on growing loan book

Wells Fargo's Q1 profit rises 16% as cost cuts pay off

JPMorgan tops estimates on higher interest income

US banks BB&T and SunTrust announce $66 billion merger

JPMorgan misses profit estimates as bond trading slumps

Morgan Stanley profit up 19% on equity trading strength

Bank of America profit beats estimates on cost cuts

Citigroup profit beats on higher bond trading

JPMorgan Chase profit boosted by higher interest rates

Morgan Stanley beats second quarter forecasts

Goldman Sachs results beat expectations, names new CEO

Largest US banks would survive recession - Fed

Morgan Stanley profit jumps 40% on trading boost