01/15/2019
JPMorgan Misses Q4 EPS by 23c
Dimon concluded: “In 2018 we accelerated investments in products, services and technology to help our employees, customers and communities.
01/15/2019
Market turmoil hits Citigroup revenues
In the three months to the end of December, profit rose to $4.2bn, or $1.61 a share, from $3.7bn, or $1.28 a share, a year earlier.
01/04/2019
The average hedge fund lost 6.7 percent in 2018
The S&P 500 for the year was down 6.2 percent in 2018.
12/21/2018
Baupost Is Said to Post Gain as Hedge Funds See Declines
In the third quarter, Baupost’s largest U.S. stock position was Twenty-First Century Fox, according to regulatory filings.
12/20/2018
Raymond James Financial reports November 2018 operating data
Record net loans at Raymond James Bank of $19.7 billion were up 13% over November 2017 and 1% over October 2018.
11/29/2018
RBC earnings jump 17% beating market forecasts
Growth seen in retail banking and wealth management divisions
11/15/2018
Canaccord Genuity Wealth Management reports increased revenue and profits in UK and Europe
Excluding significant items, second quarter earnings per common share of $0.23
11/07/2018
Canadian pension returns post slight gain in Q3 2018
Canadian equities posted a negative Q3 2018 return of -0.3 per cent, reversing the Q2 2018 returns of 6.8 per cent.
11/02/2018
SS&C Delivers Another Earnings Beat (and Another Huge Acquisition)
From effective expense management to its third big acquisition this year, the financial services software leader is on a roll.
10/18/2018
BNY Mellon Reports Third Quarter 2018 Earnings of $1.08 Billion or $1.06 Per Common Share
Repurchased 12 million common shares for $602 million and paid $283 million in dividends to common shareholders.
10/17/2018
Morgan Stanley's wealth management revenue up, adviser headcount down
Third-quarter wealth management revenue was $4.4 billion, even as adviser workforce slipped 1% from last year
10/17/2018
Goldman Sachs beats estimates for third-quarter profit on stronger-than-expected investment banking
The bank reports $6.28 per share in earnings, exceeding the $5.38 estimate from analysts surveyed by Refinitiv.
10/17/2018
Hope Bancorp Reports 2018 Third Quarter Financial Results
This compares with net income for the 2018 second quarter of $47.5 million, or $0.36 per diluted common share and $44.6 million, or $0.33 per diluted common share, for the 2017 third quarter.
10/17/2018
Banks’ Revenue Growth at Risk Due to Unprecedented Competitive Pressure Resulting from Digital Disruption, Accenture Study Finds
Digital-only banks, fintechs and big tech companies are quietly gaining customers, while incumbents struggle to make strategic investments in their digital future
10/16/2018
Bank of America Rises, Sears Slumps as Dow Slips
President Donald Trump talked about a range of topics during his 60 Minutes interview with Leslie Stahl.
10/16/2018
Citigroup Private Bank revenue up 7% in Q3
Operating expenses were $10.31bn, down 1% from $10.41bn in the previous year.
10/15/2018
Retail banking drives Bank of America forward
Lower tax rate sees profits jump 33% to $7.2bn in third quarter
10/12/2018
JP Morgan Chase earnings rise 24 percent in third quarter
Investors will carefully analyze results from JPMorgan and other big banks
09/06/2018
Reinsurance sector net income jumps 75% in H1
The reported combined ratio for the companies included in the index improved to 94.3 percent from 95.0 percent during the period.
08/23/2018
Royal Bank of Canada reports record third quarter 2018 results
This quarter’s strong performance also reflects relatively stable credit quality with provision for credit losses (PCL) on impaired loans ratio of 17 basis points (bps) and PCL ratio on loans of 23 bps.