Improved Credit Picture Boosts Wells Fargo's 4Q Profits
Wells Fargo, the fourth largest U.S. bank by assets, reported a 10% jump in fourth quarter profits compared with 2012.
RBS Reveals Internal 'Bad Bank' Plan, 3Q EPS Miss
RBS' 'bad bank' is part of a raft of measures designed to heal the bank's relationship with the British government and speed up privatization.
Goldman Sachs Earnings Blow Past Expectations
The Wall Street heavyweight doubled its profits in the second quarter, easily trumping the Street's estimates.
AIG Swings to Loss on Lower Investment Income
American International Group Inc. swung to loss in the third quarter, falling short of Wall Street expectations as the giant insurer faces calls from shareholders Carl Icahn and John Paulson to break up.
PayPal Revenue Misses Estimates on Strong Dollar
PayPal Holdings Inc reported a lower-than-expected quarterly revenue as the payment processing company, spun off from eBay Inc, was hurt by a strong dollar.
American Express Misses Earnings Expectations
American Express Co, the world's largest credit card issuer, reported a 15.8% fall in quarterly profit due to higher expenses and a strong dollar.
Morgan Stanley Profit Plunges as Trading Revenue Slumps
Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid interest rate hike uncertainty.
JPMorgan Disappoints in Third Quarter
J.P. Morgan Chase & Co. said its third-quarter revenue declined as the bank wrestled with volatile markets and continued low interest rates.
JPM Revenue to be 'Same as Everyone Else'
The nation's biggest U.S. bank by assets is expected to see third-quarter revenue 'about the same as everybody else,' JPMorgan Chase Chief Executive Jamie Dimon said at an investor conference Friday.
Morgan Stanley Beats as Trading Revenue Rises
The second-biggest U.S. investment bank capped bank earnings season Monday, booking stronger-than-expected second-quarter profit as its bond and equities trading business handily outperformed those of its Wall Street rivals.
Goldman Sachs Pressured by Trading Revenue, Litigation
Goldman Sachs Group Inc reported its smallest quarterly profit in nearly four years on Thursday as it set aside more money to cover mortgage settlements and nervous investors pulled back from bond trading.
EBay beats 2Q profit expectations, misses revenue forecasts
EBay Inc. (EBAY) on Thursday reported second-quarter net income of $83 million.
Citi Posts Highest Profit in Eight Years as Costs Plunge
The third biggest U.S. bank by assets revealed its highest quarterly profit in eight years as restructuring efforts and costs paid off and legal expenses plunged. Citigroup shares soared in pre-market trading after earnings were released.
JPMorgan Chase Kicks Off 2Q Bank Earnings Season with Beat
The No. 1 U.S. bank by assets revealed second-quarter earnings results that topped expectations, and a 5.2% increase in quarterly profits as expenses declined. The results sent the bank's shares higher in pre-market trade.
Week Ahead: Focus on Bank Earnings
Earnings reports from the biggest U.S. banks will dominate next week’s economic calendar as investors hope the financial sector rebounds from a disappointing fourth quarter.
AIG Beats 3Q Views, Expands Share Buyback
Insurance giant AIG on Monday reported better-than-expected third quarter earnings and added $1.5 billion in share buybacks.
BlackRock Profits Beat Views as AUM Swell 10%
BlackRock's 3Q profits topped views as the world's biggest money manager saw its assets under management rise 10%.
Bank of America 3Q Earnings Drop After DOJ Settlement
The nation's No. 2 bank by assets posted a smaller third-quarter loss than Wall Street expected, and revealed a top-line beat.
JPM Posts Mixed 3Q as Trading Rebounds, Mortgages Slide
The biggest U.S. bank fell just shy of Wall Street expectations for third-quarter earnings as mortgage weakness overshadowed a rebound in trading revenue.
Citi Boosts Earnings, Scales Back Consumer Banking
The nation's third-largest bank by assets reported a 3Q earnings beat and revealed plans to scale back its consumer banking unit by exiting 11 foreign markets.


















