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Regional lender earnings may well expose vital weaknesses, previous FDIC Chair Sheila Bair warns
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Regional bank earnings may expose vital weaknesses, previous FDIC Chair Sheila Bair warns
Finance
Jamie Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending
Key Points JPMorgan Chase CEO Jamie Dimon said Tuesday that bankruptcies in the U.S. auto market are a sign that lending standards grew too lax in the past decade-plus. Dimon, the longtime leader of the largest U.S. bank by assets, was speaking about the recent collapse of auto parts firm First Brands and subprime car […]
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Finance
Citi reports a rise in earnings with every business posting record third-quarter revenue
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citi is seen on the floor of the New York Stock Exchange on March 3, 2025. NYSE Citigroup posted higher third-quarter earnings on Tuesday before the bell, with every division generating record revenue. Here’s what the bank reported compared with what Wall Street was expecting, […]
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Finance
Goldman Sachs reports third-quarter earnings before the bell
Key Points Goldman Sachs reports third-quarter earnings before the market opens Tuesday. Wall Street analysts expect earnings per share of $11 on revenue of $14.1 billion, according to LSEG. Goldman executives will hold a call with analysts at 9:30 a.m. ET. Source
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