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Equities trading revenue surged 23%, while it jumped 9% in fixed income, as the turbulence also spilled into bond markets.
Goldman Sachs reported a stronger-than-expected profit in the second quarter, fueled by a pickup in dealmaking and surging trading during the market turmoil set off by President Trump’s tariffs.While ...
President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...
The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...
The 12.4% profit gain for the second quarter comes in Wells Fargo & Co.'s first quarterly report since the Federal Reserve Board's June 3 decision that allows the bank to ...
Net interest income (NII) - the difference between what a bank earns as interest on loans and pays out on deposits - jumped to $3.56 billion in the second quarter for PNC, compared with $3.30 billion ...
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...
The new branch comes on the heels of several locations the banking giant plans to open next year.
Shares of JPMorgan, up 20% this year, slipped 0.4% at 9:49 a.m. in New York. Some analysts had predicted the stock might ...
SoFi Technologies and Robinhood Markets have revolutionized the banking and investing landscape. Both have some risks, but plenty of long-term growth ahead. One company's higher floor makes it the ...
JPMorgan Chase maintains a flexible, risk-aware approach amid political and economic uncertainties. Read why JPM stock is a ...