banks

Shares of Bank of America Corp (NYSE: BAC) gained more than 5 percent Wednesday morning after the bank reported a top-and-bottom-line beat in its fourth-quarter results and recorded its best quarterly profit in history. What Happened Bank of America said it earned 70 cents per share in the fourth...

Shares of Goldman Sachs Group Inc (NYSE: GS) gained 3 percent early Wednesday morning in reaction to the company's better-than-expected fourth-quarter earnings report. What Happened Goldman Sachs said it earned $6.04 per share in the fourth quarter on revenue of $8.08 billion versus...

Wells Fargo & Co (NYSE: WFC) traded relatively flat Tuesday morning after the bank reported mixed fourth-quarter results. What Happened Wells Fargo said it earned $1.21 per share in the fourth quarter on revenue of $20.98 billion. The results were mixed against the Street's expectations of...

Big bank earnings season continued Tuesday with JPMorgan Chase & Co. (NYSE: JPM) catching the Street off guard with a notable earnings miss in its fourth-quarter results. What Happened JPMorgan said it earned $1.98 per share in the fourth quarter on revenue of $26.1 billion, which may not...

Fourth-quarter earnings season for big banks kicked off Monday morning with Citigroup Inc (NYSE: C)'s mixed results. Earnings Citigroup said it earned $1.61 per share in the fourth quarter on revenue of $17.1 billion, which was mixed compared to expectations of $1.55 per share on revenue of $17...

Bank earnings season is around the corner, and most banks are expected to continue their forecast-beating streak, according to Barclays. The Analyst Barclays analyst Jason Goldberg previewed big banks' Q4 earnings.  The Thesis Higher loan growth, higher net interest margins, the...

Earnings season for big banks kicks off next week, with Citigroup Inc (NYSE: C) scheduled to report Monday followed by heavyweights JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co (NYSE: WFC) on Tuesday. Should investors be buyers ahead of earnings season? Two experts have mixed views...

Investors expecting a quiet and stable trading session Monday ahead of Christmas are likely to be disappointed as stocks are reacting to a phone call between United States Secretary of the Treasury Steven Mnuchin and the CEOs of six big banks. What Happened Mnuchin held a phone call with the CEOs...

The government of Malaysia filed criminal charges against Wall Street giant Goldman Sachs Group Inc (NYSE: GS) for alleged wrongdoing related to advisory services it offered 1Malaysia Development Berhad (1MDB), a Malaysian strategic development company fully owned by the government. What Happened...

German bank Deutsche Bank AG (NYSE: DB) saw its shares sink to a record low in reaction to nearly 200 law enforcement officials raiding its headquarters as part of a money laundering investigation. One of the options available for Deutsche Bank moving forward is to sell itself to a larger...