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Shares of some of the largest U.S. financial-services companies — Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley — were trading lower on Wednesday morning despite posting ...
Bank of America stuck to its financial outlook for the year as it reinforced the theme of the resilient American consumer and benefited from a flurry of trading around tariff jitters.
U.S. stocks opened moderately higher on Wednesday, boosted by a tamer-than-expected inflation reading and blowout quarterly ...
Morgan Stanley typically reports its quarterly results later than other big banks, but on Wednesday it joined the party.
Bank of America beat estimates for second-quarter profit on Wednesday, driven by tumultuous markets that helped its traders bring in more revenue, while its interest income also rose. Banks' trading ...
Bank of America beat profit estimates for the latest three-month period on Wednesday as its traders brought in more revenue from tumultuous markets, while interest income rose for a fourth straight ...
British gilts are the most undervalued financial asset on the planet. You would hardly know it from our compulsion to talk the country down but the UK is today one of the least indebted states in the ...
"Personnel is policy," goes the old Washington maxim. Legendary investor Stanley Druckenmiller, who made a billion dollars for the Quantum Fund by breaking the Bank of England in 1992, has discovered ...
Investor sentiment surged in July to its most bullish since February, driven by the biggest jump in profit optimism in five ...
Investment Banking Set to Extend Worst Run in Over a Decade. Investment banking is on track to extend its most prolonged slump in more than ten years, with the biggest US banks on ...
JPMorgan Chase chief executive Jamie Dimon acknowledged there are similarities to the subprime mortgage scandal which caused ...
The S&P 500 closed Thursday trading at an all-time high, with the ten-year Treasury yields gaining six bps this week, to a ...
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