Earnings
Earnings
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The $678 billion-asset bank highlighted its payments and investment management and trust business as fee generators in the recently ended quarter.
January 16 -
A midweek rally followed robust bottom-line results from JPMorgan Chase, Wells Fargo, Bank of America and several other large banks. But further interest rate cuts may be needed to sustain momentum.
January 16 -
The bank is "very optimistic" that Trump will appoint financial regulators who are "more balanced" than current agency heads, CFO Daryl Bible said.
January 16 -
As Donald Trump returns to the White House, Goldman Sachs is looking forward to the "improving regulatory backdrop."
January 15 -
Jane Fraser, CEO of Citigroup, told analysts she's not going to sacrifice growth-related investments for short-term gains. "You shouldn't want me to do that," she said.
January 15 -
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."
January 15 -
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
January 15 -
Regulatory shifts and loan growth are some of the hot-button topics banks will seek to address as they start sharing their fourth-quarter reports next week.
January 10 -
Institutions like BMO Financial Group and Bank of Nova Scotia saw earnings bogged down by increased loan loss provisions and higher tax rates.
December 11 -
The Honolulu-based bank is taking a $19.7 million pretax loss to rid its balance sheet of low-yielding investments. It joined a parade of banks that have made similar moves.
December 10