Tag: US banks
US banks often perform worse than European institutions when it comes to management quality
Silicon Valley Bank logo Weaknesses in risk management are said to have led to the collapse of the institute, among other things. (Photo: Reuters) Frankfurt The bankruptcy of the Silicon…
Higher interest income boosts Bank of America profits
Goldman Sachs logo on the New York Stock Exchange. Unlike many of its competitors, the US investment bank earned less in the first quarter. (Photo: dpa) Frankfurt The interpretation of…
Higher interest income boosts Bank of America profits
Bank of America The US bank has presented its quarterly figures. (Photo: AP) new York Bank of America benefited from the US Federal Reserve’s rate hikes in the first quarter.…
Higher interest income boosts Bank of America profits
Bank of America The US bank has presented its quarterly figures. (Photo: AP) new York Bank of America benefited from the US Federal Reserve’s rate hikes in the first quarter.…
America’s savers are pumping billions into money market funds
Mirrored facade at Summit One Vanderbilt Observation Deck in Manhattan Not only the big banks from New York are moving into focus due to the crisis of confidence in the…
The weaknesses of Wall Street banks are a bad omen
Manhattan skyline Investors on the New York Stock Exchange are sensitive to quarterly reports from US banks. (Photo: Reuters) Failure is a relative thing. The US financial giant JP Morgan…
Goldman Sachs wants to merge investment banking and trading
Goldman Sachs Cost overruns and failure to meet profitability targets in the consumer lending business had created dissatisfaction within the bank. (Photo: Reuters) new York Goldman Sachs boss David Solomon…
Profit falls by a third in the second quarter
Denver In the past year, Goldman Sachs boss David Solomon has repeatedly had to comment on the subject of banker burnout. The boom in IPOs and mergers and acquisitions led…
Profit falls by a third in the second quarter
Goldman Sachs logo Higher revenues, but even higher costs. (Photo: Reuters) new York The big US investment banks Goldman Sachs and Bank of America earned significantly less in the second…
Profit falls by a third in the second quarter
new York Bank of America earned significantly less in the second quarter due to higher reserves for bad loans and legal costs. Profits fell 33 percent year-on-year to $6.2 billion,…
US bank numbers bode ill for the global economy
The logo of the US bank JP Morgan The big US banks are preparing for an economic downturn. (Photo: Reuters) $8.6 billion is a lot of money. The US financial…
JP Morgan profits shrink by almost 28 percent – Morgan Stanley is also suffering a slump in business
JP Morgan, America’s largest bank, on Thursday reported a 28 percent fall in profits to $8.6 billion in the second quarter. The institute also temporarily suspended its $30 billion share…
JP Morgan profits shrink by almost 28 percent – Morgan Stanley is also suffering a slump in business
American big banks new York JP Morgan started the US banks’ accounting season on Thursday. Higher provisions for impending loan losses due to the increasing risk of recession weighed on…
JP Morgan profits shrink by almost 28 percent – Morgan Stanley is also suffering a slump in business
American big banks new York JP Morgan started the US banks’ accounting season on Thursday. Higher provisions for impending loan losses due to the increasing risk of recession weighed on…
JP Morgan’s profit falls nearly 28 percent
American big banks new York JP Morgan started the US banks’ accounting season on Thursday. Higher provisions for impending loan losses due to the increasing risk of recession weighed on…
Goldman Sachs profit falls significantly at the start of the year
new York Depressed mood on Wall Street: The war in Ukraine and the associated volatility on the markets are also reflected in the banks’ quarterly figures. Goldman Sachs reported a…
Goldmann Sachs profit falls significantly at the start of the year
new York Depressed mood on Wall Street: The war in Ukraine and the associated volatility on the markets are also reflected in the banks’ quarterly figures. Goldman Sachs reported a…
Goldmann Sachs profit falls significantly at the start of the year
new York The profit of the US investment bank Goldman Sachs fell significantly in the first quarter. Declining capital market activity after the record levels of the previous year weighed…
Wells Fargo profit falls by more than a fifth
Wells Fargo logo US banks are under pressure because of the consequences of the Ukraine war. (Photo: Reuters) new York The profit of the American investment bank Morgan Stanley shrank…
Goldman Sachs makes less profit than expected – share falls by four percent premarket
Goldman Sachs lettering Weak trading activity weighs on US bank’s results. (Photo: Reuters) new York Despite booming mergers and acquisitions, US investment bank Goldman Sachs’ profits shrank in the fourth…