Banks
Banks are thriving so far in Trump’s economy. Here’s what that means for markets and the consumer
(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Saul Loeb | Afp | Getty Images Nearly everywhere you look […]
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Bank of America puts up mixed results as net interest income misses analysts’ expectations
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images […]
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Goldman Sachs is set to report second-quarter earnings — here’s what the Street expects
Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Brendan Mcdermid | Reuters Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $9.53 per share, according to LSEG Revenue: $13.47 […]
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CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good
People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens […]
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Citigroup beats second-quarter estimates as markets and banking revenues jump
Jane Fraser, CEO, Citigroup, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Citigroup reported second-quarter results on Tuesday that topped analyst expectations, helping to boost a stock that has already been outperforming the broader […]
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Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of […]
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JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects
Key Points JPMorgan Chase reports earnings before the market open on Tuesday. Analysts expect earnings per share of $4.48 and revenue of $44.16 billion, according to LSEG. JPM executives will host a call with investors at 8:30 a.m. ET. Source
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Wall Street sounds alarm on Europe’s economy over renewed U.S. tariff threat
U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning that the move could trigger a “prolonged and deeper economic slowdown” across the continent and potentially force the European Central Bank to cut rates. Trump revealed the new rates in letters to European Commission President Ursula von […]
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Tariffs are hitting European firms hard. Here are the sectors to watch as earnings kick off
Key Points Second-quarter earnings are set to be reported against a background of macro-economic uncertainty governed by U.S. President Donald Trump’s trade tariffs. Energy, the cyclical consumer and the financial sector will be some of the most closely watched in European markets this reporting season. Earnings per share across Europe’s benchmark Stoxx 600 are expected […]
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Court scraps some of Rome’s demands in UniCredit’s BPM bid, keeps Russia exit
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty Images News | Getty Images An Italian court has scrapped some of the conditions Rome had set to clear UniCredit‘s takeover offer for Banco BPM, except a request that it stop operating in Russia – […]
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