JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.
Schlagwort-Archiv: CNBC
Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup reported fourth-quarter earnings on Friday. Here’s how they did.
Wells Fargo shares fall as bank’s profits cut in half by higher reserves, settlement costs
The disappointing earnings report came after Wells Fargo said earlier this week that it would retrench from the U.S. mortgage market.
JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‚central case’
JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.
Bank of America tops expectations as higher rates help offset declines in investment banking
Bank of America saw yearly gains in net interest income thanks to higher rates in the fourth quarter.
Higher labor costs dent Delta’s profit forecast but travel demand is still strong
Delta and other airlines had said demand remained strong throughout the quarter.
FTX founder Sam Bankman-Fried denies stealing user funds and repeats claims of solvency in new post
Bankman-Fried repeated several claims which bankruptcy officials and federal regulators have denied or contradicted.
Stocks making the biggest moves premarket: Disney, American Airlines, Bed Bath & Beyond, Logitech and more
These are the stocks posting the largest moves in premarket trading Thursday.
Bitcoin jumps above $18,000 to highest level in a month on cooling U.S. inflation
The world’s largest digital currency climbed above $18,000 for the first time since Dec. 14, increasing in value by about 5% in the last 24 hours.
Stocks making the biggest moves midday: Bed Bath & Beyond, Tesla, Expedia and more
These are the stocks posting the largest moves in midday trading.