(Bloomberg) — Nomura Holdings Inc. is reshuffling its Asia investment-banking team and cutting jobs in an effort to reduce costs amid a deals slump in China...
Goldman Sachs (GS) reported that its second-quarter profits soared 150% from a year ago as investment banking surged, the latest signal that Wall Street is warming...
The biggest US bank stocks have been trouncing the broader market this year. But their rally got a brake-check from earnings results that underwhelmed investors. Wells...
A Wall Street revival provided a second quarter boost to big banks at a time of rising challenges for their Main Street consumer operations. Investment banking...
By Noor Zainab Hussain, Saeed Azhar and Manya Saini (Reuters) -Wells Fargo’s second-quarter profit declined and the lender missed analysts’ estimates for interest income on higher...
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a 60% jump in investment banking revenue...
Wells Fargo Q2 Earnings: Net Interest Margin Slides, Average Loans Decline, Stock Falls Wells Fargo & Company (NYSE:WFC) earned a net income of $4.91 billion, down 1%...
Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related displacement. AI...