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Goldman Sachs ’ profit jumped 22 per cent in the second quarter, as turbulent markets lifted equities trading revenue to a record and a pickup in deal making boosted investment banking.
The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...
The Pittsburgh-based bank's average loans increased 2% from the prior quarter, its largest jump since the end of 2022.
Dow Futures mixed ahead of wholesale inflation data: 5 things to know before Wall Street opens today
Dow futures mixed as Wall Street eyes bank earnings, inflation data, and tariff risks in a cautious trading session.
The growing interest in stablecoins -- cryptocurrencies backed by stable assets like the U.S. dollar -- just got a boost with ...
Profits at Goldman Sachs surged from boosts in trading and dealmaking, the latest example of how big Wall Street banks were ...
Spot silver rose as much as 0.8% to top $38 an ounce, and is up by 31% this year. Gold was near $3,340 an ounce, 27% higher.
Shares of JPMorgan, up 20% this year, slipped 0.4% at 9:49 a.m. in New York. Some analysts had predicted the stock might ...
The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...
JPMorgan and Citigroup on Tuesday reported higher revenue from trading and investment banking.
Bank of America beat profit estimates for the latest three-month period on Wednesday as its traders brought in more revenue ...
Banking giant Citi remains confident in the fundamental strength of the US stock market and says it’s prepared to take advantage of any pullbacks.
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