Earnings
Earnings
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How to keep score in the industry and identify the truly victorious banks has never been tougher.
February 21 -
Chief Executive Officer Stuart Gulliver is still battling to reverse five years of declining revenue as he pares back HSBC’s sprawling global footprint and reduces expenses.
February 21 -
Freddie Mac's net income increased to $4.8 billion in the fourth quarter, more than double what it earned a quarter earlier, the government-sponsored enterprise announced Thursday.
February 16 -
If Washington lowers taxes as much as banks and the rest of corporate America hope, it will yield a bonanza of earnings per share, new tech investments or investor dividends … right? Not exactly, bank leaders warn.
February 15 -
Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around.
February 6 -
With another $60 million in writedowns, BBVA Compass has taken $90 million in goodwill impairment charges related to its $117 million acquisition of the neobank Simple.
February 3 -
Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage.
February 2 -
The technology giant reported record earnings and a solid performance for its mobile payment app, but did not dive deep into adoption numbers.
February 1 -
The $163.7 billion-asset auto lender reported net income of $248 million, down 5.7% as a result of an increased loan-loss provision and noninterest expenses.
January 31 -
President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.
January 31