JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.
Kategorie-Archiv: CNBC Financial News
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett’s Berkshire Hathaway cut its stake in Bank of America below an important level.
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada’s Alimentation Couche-Tard.
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.
Life spans are growing but ‚health spans‘ are shrinking. What that means for your money
Older Americans are spending more years with chronic ailments, which often come with higher medical bills, experts said.