2Q19 Bank Profits in; Credit Cards Remain Healthy in U.S. PaymentsJournal
U.S. banking’s top executive summed it up in nine words, as the WSJ reports on Jamie Dimon’s brief summary. “The consumer in the United States is doing fine”.
Stock Market News: JPMorgan and Goldman Sachs Deliver Solid Bank Earnings Motley Fool
The stock market once again seemed to tread water on Tuesday as investors tried to assess what the future looks like for the broader U.S. economy. As of 11:20 …
Goldman Sachs earnings blow past Wall Street on strong investment banking, equity trading CNBC
Goldman’s total revenue was down 2% from the second quarter of last year, while investment banking revenue fell 9% year over year.
Citi starts bank earnings on a positive note thanks to buybacks CNN
New York (CNN Business) Citigroup kicked off bank earnings season on Monday with solid results that were boosted by a splurge in share buybacks.
Muted Investment Banking to Hurt BofA’s (BAC) Q2 Earnings Yahoo Finance
Performance of investment banking, one of the primary sources of revenues for Bank of America BAC, is expected to be muted in second-quarter 2019. So, this …
Deutsche Banks 18,000 job cuts tip of the iceberg for the finance industry Business Standard
Deutsche Bank caused a recent stir with the seemingly sudden announcement that it would cut 18,000 jobs – one fifth of its global staff. It is part of a …
FBI agents search for accused Brickell bank robber WPLG Local 10
FBI agents released photos from surveillance video showing a man who is accused of robbing a Chase Bank branch Saturday afternoon in Miami’s Brickell …
Banking expert from 2008 crisis says low interest rates make banks vulnerable and Americans poorer MarketWatch
The Fed is listening only to financial markets, Karen Shaw Petrou says, not a generation of Americans whose long-term savings potential has been ‘eviscerated’
Singletary: Put alerts on all bank, credit card accounts The Columbian
I was in church recently taking notes on the sermon with my smartphone when the first alert popped up.
Deutsche Bank job cuts are tip of the iceberg for the finance industry The Conversation UK
A number of banks are doomed to fail if they don’t adapt to the new realities of the finance industry.
