Earnings
Earnings
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Citizens Financial Group’s fourth-quarter results highlight the challenges regionals face in generating top-line growth.
January 17 -
Truist emphasizes high-touch, high-tech focus with new logo; Wells Fargo loses another patent lawsuit to USAA; what the Visa-Plaid merger means for banks, fintechs; and more from this week's most-read stories.
January 17 -
The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan.
January 17 -
People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.
January 17 -
The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.
January 17 -
While the Maryland company claimed it has margins and credit issues under control, it couldn't provide any clarity on rising legal expenses.
January 16 -
Despite the weaker-than-expected results, interim CEO Thomas Gibbons pledged to continue spending heavily on tech upgrades aimed at cutting costs, improving efficiency and developing innovative products.
January 16 -
Morgan Stanley’s profits rose 46%; the deal pressures China to open its financial services sector to U.S. firms.
January 16 -
A tough fourth quarter seemed to foreshadow challenges in the year ahead for the nation’s fifth-largest bank.
January 15 -
The credit union has returned payouts of $5 million or more for each of the last eight years and has issued a dividend of some sort every year since the mid-1990s.
January 15 -
Brian Moynihan said banks must be mindful of pricing and risk as they contend with lower yields on loans and securities.
January 15 -
CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.
January 15 -
Goldman Sachs Group Inc.’s comeback quarter for trading was marred by a $1.09 billion legal charge as the firm gets closer to a settlement of the 1MDB scandal.
January 15 -
JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.
January 15 -
Bank of America Corp.’s traders bounced back with their peers.
January 15 -
The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.
January 14 -
The banking giant is counting on continued growth in cards, deposits and digital accounts to drive returns higher in 2020.
January 14 -
The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.
January 14 -
The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”
January 14 -
The rebound, combined with strong earnings from debt underwriting and consumer banking, pushed net revenue for the period to the highest since 2015.
January 14




















