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
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'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
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 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
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
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
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
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
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'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
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 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
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'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
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
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
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
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
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 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
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 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
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 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
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
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
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
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
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 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
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 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
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
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
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 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
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
Goldman beats profit estimates as trading surges Goldman Sachs Group passed Wall Street's expectations for quarterly profit, powered by a surge in trading revenue and higher fees from debt and equity underwriting. Business • 17 Apr 18
Goldman beats profit estimates as trading surges Goldman Sachs Group passed Wall Street's expectations for quarterly profit, powered by a surge in trading revenue and higher fees from debt and equity underwriting. Business • 17 Apr 18
Wells Fargo's quarterly profit rises 4.5% Wells Fargo & Co, the third-largest US bank by assets, posted a 4.5% rise in second-quarter profit, helped by loan growth and higher interest rates. Business • 14 Jul 17
Wells Fargo's quarterly profit rises 4.5% Wells Fargo & Co, the third-largest US bank by assets, posted a 4.5% rise in second-quarter profit, helped by loan growth and higher interest rates. Business • 14 Jul 17
Citigroup profit better than expected in first quarter Citigroup has reported a quarterly profit that beat analysts' estimates as trading revenue held up better than the company's forecast and loans grew. Business • 14 Jul 17
Citigroup profit better than expected in first quarter Citigroup has reported a quarterly profit that beat analysts' estimates as trading revenue held up better than the company's forecast and loans grew. Business • 14 Jul 17
JPMorgan Chase reports 13% rise in quarterly profit JPMorgan Chase & Co reported a better than expected quarterly profit as gains from higher interest rates and loan growth more than offset a drop in bond trading. Business • 14 Jul 17
JPMorgan Chase reports 13% rise in quarterly profit JPMorgan Chase & Co reported a better than expected quarterly profit as gains from higher interest rates and loan growth more than offset a drop in bond trading. Business • 14 Jul 17
US Fed approves large bank investor payout plans The US Federal Reserve gave the green light last night to plans by all 34 large US banks seeking to provide big payouts to shareholders after the firms passed the annual stress tests. Business • 29 Jun 17
US Fed approves large bank investor payout plans The US Federal Reserve gave the green light last night to plans by all 34 large US banks seeking to provide big payouts to shareholders after the firms passed the annual stress tests. Business • 29 Jun 17
Euro zone lenders dampen global banking recovery - BIS Although a better economy is helping global banks to turn the corner a decade after the financial crisis began, euro zone lenders remain a dampener on the sector's recovery, the Bank for International Settlements said. Business • 26 Jun 17
Euro zone lenders dampen global banking recovery - BIS Although a better economy is helping global banks to turn the corner a decade after the financial crisis began, euro zone lenders remain a dampener on the sector's recovery, the Bank for International Settlements said. Business • 26 Jun 17
