Citigroup Inc – ReportWire

Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

[ad_1] Morgan Stanley on Wednesday topped analysts’ estimates for third-quarter profit as each of its three main divisions generated more revenue than expected. Here’s what the...

Banking4 months ago

CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good place

[ad_1] Traders work on the floor of the New York Stock Exchange on April 5, 2024. Spencer Platt | Getty Images News | Getty Images This...

Banking4 months ago

CNBC Daily Open: Bullish sentiment and broadening rally – plenty to like about markets

[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 17, 2024. Brendan McDermid | Reuters This...

Banking4 months ago

Citigroup earnings top estimates, boosted by investment banking

[ad_1] CNBC's Leslie Picker joins 'Squawk Box' to report on the bank's quarterly earnings results. [ad_2] Source link

Banking4 months ago

Analysts cheer Wells Fargo to 2018 highs after earnings. We have 1 qualm with the praise

[ad_1] Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank’s third-quarter earnings report. The news Shares of Club name...

Banking4 months ago

Earnings will drive the stock market in the week ahead. That’s a good thing

[ad_1] The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500...

Banking4 months ago

BofA’s Ebrahim Poonawala talks what to expect from bank earnings

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ebrahim Poonawala, Bank of America Securities senior analyst, joins ‘Closing Bell Overtime’...

Banking4 months ago

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

[ad_1] CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the...

Banking4 months ago

Easing cycle should be more favorable for banks going forward, says BofA’s Ohsung Kwon

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Steve Sosnick, Interactive Brokers chief strategist, and Ohsung Kwon, BofA Securities, talks...

Banking5 months ago

American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

[ad_1] An American Airlines’ Embraer E175LR (front), an American Airlines’ Boeing 737 (C) and an American Airlines’ Boeing 737 are seen parked at LaGuardia Airport in...

Banking5 months ago

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

[ad_1] Big banks are jumping headfirst into the AI race. Over the past year, Wall Street’s largest names — including Goldman Sachs , Bank of America...

Banking6 months ago

Sumitomo Heavy Industries (OTCMKTS:SOHVY) Upgraded by Citigroup to Hold

[ad_1] Citigroup upgraded shares of Sumitomo Heavy Industries (OTCMKTS:SOHVY – Free Report) to a hold rating in a research note issued to investors on Monday, Zacks.com...

Banking6 months ago

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

[ad_1] JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a...

Banking7 months ago

Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks

[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of...

Banking7 months ago

A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

[ad_1] Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals. [ad_2] Source...

Banking7 months ago

Investment banking is back — and the recovery is just getting started

[ad_1] Investment banking was the rock star of big bank earnings this season. Club holdings Morgan Stanley and Wells Fargo , along with JPMorgan Chase ,...

Banking7 months ago

Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

[ad_1] Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam...

Banking7 months ago

Bank of America shares jump 5% after saying net interest income rebound is coming

[ad_1] Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees. Here’s what the company reported:...

Banking7 months ago

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

[ad_1] David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday....

Banking7 months ago

Citigroup tops expectations for profit and revenue on strong Wall Street results

[ad_1] CNBC's Leslie Picker joins 'Squawk Box' to report on the bank's quarterly earnings results. [ad_2] Source link