Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported third-quarter earnings on Tuesday that beat analysts' expectations.The investment bank posted $12.7 billion of revenue and
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.
Goldman Sachs Stock Edges Higher as Results Surpass Estimates
Goldman Sachs stock rose Tuesday after the bank reported third-quarter results above analysts' expectations, with revenue, net interest income and profits all rising year-over-year.
Goldman Sachs Stock Rises as Results Surpass Estimates
Goldman Sachs stock rose Tuesday after the bank reported third-quarter results above analysts' expectations, with revenue, net interest income and profits all rising year-over-year.
Citigroup Profit Hit by Credit Losses, Allowances for Bad Loans
Citigroup's third-quarter profit declined as the company faced higher credit losses and raised its allowance for bad loans.
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
Charles Schwab Stock Soars After Strong Earnings Report
Charles Schwab shares soared after the investment manager reported better third-quarter results than analysts had expected, with revenue rising 5% from last year and profits surging 25%.
Citigroup profit beats estimates on investment banking boost
:Citigroup posted a smaller-than-expected drop in profit for the third quarter thanks to gains in investment banking, sending its shares more than 2 per cent higher in premarket trading on Tuesday. The third-largest U.S. lender's dealmakers joined rivals at JPMorgan Chase and Wells Fargo in benefiting fro
Bank of America Joins Rivals in Topping Q3 Estimates
Bank of America reported third-quarter results above analysts' estimates Tuesday morning, as revenue rose year-over-year and profit fell by a smaller amount than expected.
Bank of America Joins Rivals in Topping Q3 Estimates
Bank of America reported third-quarter results above analysts' estimates Tuesday morning, as revenue rose year-over-year and profit fell by a smaller amount than expected.
Citigroup profit beats estimates on investment banking surge
:Citigroup posted a smaller-than-expected drop in profit for the third quarter as debt underwriting propped up investment banking results.The third-largest U.S. lender's dealmakers joined rivals at JPMorgan Chase and Wells Fargo in benefiting from a rebound in capital markets as corporate clients issued more
IntegraFin average daily FuD hits record high in Q4
Investment platform operator Integrafin said on Tuesday that average daily funds under direction had hit record highs in Q424, boosting total group revenues for the period.
Johnson & Johnson Stock Rises on Better-Than-Expected Revenue, Adjusted Profit
Johnson & Johnson shares moved higher Tuesday after the pharmaceutical and medical device company posted third-quarter revenue and adjusted profit above expectation.
Revenue falls, gross profits rise for Bytes Technology
Bytes Technology Group shares were in the red on Tuesday morning, after it reported a 2.9% drop in revenue to £105.5m, but a 13.7% increase in gross invoiced income (GII), reaching £1.23bn.
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.
These Bank Stocks Hit Highs As Goldman Sachs, Charles Schwab Post Hot Earnings
The bank rally signals a “macro rotation” as the macroeconomic situation signals the “best outcome” for the sector.
Goldman traders help fuel firm's 45% profit jump
Goldman Sachs Group Inc. profit soared 45 per cent in the third quarter on a surprise increase in equity-trading revenue and a resurgent investment-banking business.
last updated on 16 Oct 00:22