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: Wells Fargo & Co
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 ...
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 | ...
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 ...
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected ...
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 ...
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 | ...
Stocks making the biggest moves premarket: AstraZeneca, Wayfair, Alibaba and more
A paramedic prepares doses of the AstraZeneca vaccine for patients at a walk-in Covid-19 clinic inside a Buddhist temple in ...
Stocks making the biggest moves midday: General Motors, Stellantis, Planet Fitness, Adobe and more
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. ...
