Bank earnings start rolling in on Tuesday, with JPMorgan Chase (JPM) and Bank of New York Mellon (BK) leading off, followed by Citigroup (C), Wells Fargo (WFC) and Bank of America (BAC) on Wednesday, ...
PARIS (AP) — France’s government proposed a bill Wednesday that would split banks’ risky trading activities from their more traditional lending operations as part of a Europe-wide effort to shore up a ...
Banks are on track to report another strong quarter in sales and trading after US president Donald Trump’s chaotic tariff announcements in April rocked financial markets and triggered a flurry of ...
Bank stocks are starting to come back in a big way, quietly climbing as the overall market gets close to new record highs. On a recent episode of CNBC’s Fast Money, the panelists pointed out that big ...
Shares of Austrian bank Raiffeisen have been a strong performer recently, driven higher by a combination of resilient core earnings and a possible end to the war in Ukraine. Provisions related to ...
Global banks’ trading divisions will report their largest ever revenue haul in 2025, surpassing their previous 2009 record after stripping out proprietary trading activities that these firms have long ...
Last year, WatersTechnology spoke with eight senior technologists from eight different tier-one banks. Those interviews were conducted on background to get an honest understanding of the challenges ...
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul. As markets whipsawed around U.S. President Donald ...
(Reuters) - Goldman Sachs Group Inc President and COO Gary Cohn defended the bank's trading business on Tuesday, as investors have questioned the units' slumping revenue. Cohn said there was little ...
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