04/15/2025
Diluted earnings per common share (EPS) was $14.12 and annualized return on average common shareholders’ equity (ROE) was 16.9% for the first quarter of 2025.
04/15/2025
Equities trading jumped 17% to a record $2.2 billion, while fixed income, currencies and commodities trading revenue jumped 5% to $3.5 billion, propelling its markets revenue to the highest in more than a decade.
04/15/2025
The growth of the Technology Banking team, which is part of Wells Fargo Commercial Banking’s Specialized Industries group, is being driven by the U.S. tech sector’s growth
04/11/2025
Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET today.
04/07/2025
That, though, is higher than Wells Fargo Investment Institute's (WFII) 1% growth forecast, while J.P.Morgan estimates a 0.3% contraction, on a quarterly basis.
03/31/2025
Trump said on Sunday his reciprocal tariffs, to be announced this week, would include all countries and not a more limited number, rattling financial markets globally over fears of an economic slowdown.
03/21/2025
Rising unemployment, weaker business investment, and high consumer debt, which now stands at a record $17.7 trillion, could put additional pressure on the financial system.
03/21/2025
This investment will refinance existing debt and is expected to fuel the company’s continued growth.
03/17/2025
The FNEX Alternatives Market offers an expansive range of high-quality investments
03/17/2025
A key indicator for the outlook of the sharemarket – is getting battered by Trump’s sweeping tariffs
03/17/2025
The layoffs come weeks after Bank of America cut staff in its investment banking
03/11/2025
There are complaints nonetheless.
03/03/2025
By cutting staff in May, Goldman is reverting to a schedule that existed pre-COVID.
02/25/2025
The banks, Canada's third and fourth largest, put aside over C$1 billion in loan loss reserves in the first quarter
02/18/2025
Then the 2022 deal boom happened, and top management decided that after consideration, the real reason everyone needed to be in the office was to help the younger staff learn their trade.
02/14/2025
Recent actions included a halt to the agency’s activities and restrictions on its employees.
02/14/2025
Instead, Dimon demanded more efficiency and stressed that employees have a choice whether to work at JP Morgan.
02/12/2025
As businesses increasingly demand faster, more secure, and more transparent payment solutions, advancements in real-time payment capabilities are transforming how companies manage liquidity and streamline operations.
02/11/2025
The Group held on to the number one spot with a total volume of USD 8.6 billion and an international market share of 10.5%.
02/07/2025
Thai conglomerate CP All – which holds the Thai franchise for 7-Eleven – is also weighing plans to take an equity stake in the management buyout