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A Wall Street revival is carrying big banks as Main Street struggles
AOL· 5 days agoA Wall Street revival provided a second quarter boost to big banks at a time of rising challenges for their Main Street consumer operations. Investment banking fees jumped at JPMorgan Chase ...
Q2 2024 Citigroup Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance Canada· 4 days agoWe reported net income of $3.2 billion with an earnings per share of $1.52 and an ROTCE of 7.2%. Revenues were up 4% overall as well as up in each of our five core businesses ...
Big Bank Stocks Stumble After Earnings Missteps
Bloomberg· 5 days agoThe biggest US bank stocks have been trouncing the broader market this year, but the rally got a brake-check from results that underwhelmed investors.
Wall Street banks see investment banking improvement, with some caution
Reuters via Yahoo Finance Canada· 5 days agoCitigroup reported a 60% jump in investment banking revenue to $853 million. At JPMorgan, investment...
Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings
Business Insider via Yahoo Finance Canada· 5 days agoMeanwhile, big US banks opened up the second-quarter earnings season. JPMorgan reported record...
Q2 2024 Bank of New York Mellon Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance Canada· 4 days agoThat bank with around $0.5 million of capital in 1784, today overseas roughly $50 trillion in assets and powers platforms across payment, security settlement...as one BNY.
BofA profit beats expectation on robust investment banking, trading
Reuters via Yahoo Finance Canada· 1 day ago(Reuters) -Bank of America's second-quarter profit dropped as higher deposit costs pushed its...
Q2 2024 JPMorgan Chase & Co Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance Canada· 5 days agoNext, the commercial and investment bank on page 5. Our new commercial and investment bank reported net income of $5.9 billion on revenue of $17.9 billion ...
Skadden Leads Discover’s $10.8B KKR, Carlyle Student Loan Deal
Bloomberg Law· 59 minutes agoSkadden, Arps, Slate, Meagher & Flom is advising Discover Financial Services in its sale of a $10.1 billion private student loan portfolio to one or more strategic partnerships managed by Carlyle ...
Morgan Stanley ( MS ) Earnings Q2 2024
The Compass· 1 day agoMorgan Stanley co-chairman Ted Pick speaks during a Bloomberg Television interview in New York, U.S., Thursday, Oct. 26, 2023. Geena Moon | Bloomberg |