Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Wells Fargo's commercial banking revenue down 6%
Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell 1% ...
Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include ...
Wells Fargo Shares Rise as Bank’s Cost-Cutting Efforts Take Hold
Wells Fargo & Co. took a $647 million severance charge in the fourth quarter, as Chief Executive Officer Charlie Scharf ...
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Citi, JPMorgan, Goldman, Wells Fargo kick off Big Bank earnings
Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday. Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday, as Citizens (CFG ...
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US bank regulator fines three former Wells Fargo executives over fake accounts scandal
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...