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 ...
Tag: Morgan Stanley
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 tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts' estimates for third-quarter profit and revenue as the bank generated more interest income than ...
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and ...
Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boom
The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of ...
Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more
A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023.Justin Sullivan | ...
Bulk deal: Morgan Stanley offloads stake in SAMHI Hotels on listing day
Leading investment bank Morgan Stanley has offloaded stake in Gurugram-based hotel operator SAMHI Hotels, which debuted on the exchanges on ...
Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year
As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on ...
