Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins ...
Tag: Banks
Big banks are done reporting earnings. Here’s how our financial names performed against peers
Despite a murky macroeconomic environment and heightened fears around the health of the banking sector, the nation's largest financial institutions ...
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America.AirwallexGlobal fintech giant Airwallex ...
Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023.Patrick T. Fallon | AFP ...
Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are ...
Morgan Stanley shares fall over 6% as wealth management results disappoint
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October ...
Goldman Sachs tops estimates on stronger-than-expected bond trading
Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts' estimates on stronger-than-expected trading revenue.Here's what the company reported:Earnings: ...
Bank of America tops profit estimates on better-than-expected interest income
Brian Moynihan, CEO of Bank of AmericaHeidi Gutman | CNBCBank of America topped estimates for third-quarter profit on Tuesday on ...
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during ...
Wells Fargo shares rise after third-quarter results top Wall Street expectations
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023.Justin Sullivan | ...
