A logo of Swiss banking giant UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Images Swiss banking titan UBS on Wednesday doubled net profit year-on-year, beating expectations on the bottom line amid a boost from its investment bank and global wealth management divisions. Net profitable attributable to shareholders hit $2.395…
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues. Pre-tax profit beat estimates at £2.5…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images JPMorgan Chase says fintech middlemen — the companies that have helped a…
Marco Pistoia Source: JP Morgan IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan’s internal research group from 2020 to this year, will join IonQ as senior vice…
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized…
Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing the consensus estimate of $12.7…
China Threatens Response to EU Sanctions on Banks, Firms Bloomberg.com China slams EU banking sanctions as tensions rise ahead of key summit South China Morning Post Media: EU imposes sanctions on Chinese banks for the first time over Russian aid Бабель China asks EU to stop undermining Chinese companies China Daily – Global Edition China expresses strong dissatisfaction, resolute…
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America is scheduled to report second-quarter earnings before…
Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Brendan Mcdermid | Reuters Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $9.53 per share, according to LSEG Revenue: $13.47…
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of…
