A British judge ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a
Value investing is about allocating capital towards equities that appear to trade for less than their intrinsic or book value. The definition of value can vary from investor to investor, but it often
Earning season is well underway with banks JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) reporting solid results. Despite this, some bank executives are saying there is still cause for concern.
Big Bank earnings kicked off last Friday, continuing into this week with Goldman Sachs (GS) and Bank of America (BAC) earnings on tap for Tuesday, October 17. What could be this quarter's standout the
Citibank has won an employment tribunal brought by fired analyst Szabolcs Fekete, who was accused of gross misconduct for the tastless crime of claiming expenses for meals shared with his partner duri
Oppenheimer analyst Chris Kotowski on Monday reiterated an outperform rating on JPMorgan Chase & Co. and increased his price target on the stock to $233 from $215 after the bank's stronger-than-expect
Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation's banking public remains robust at U.S. banks.

US Banks Brace for Tough Times Ahead

10:26pm, Sunday, 15'th Oct 2023
US bank earnings are in focus this week, bracing for results from Goldman Sachs Group, and Morgan Stanley after seeing solid earnings from JPMorgan Chase & Co. and Wells Fargo & Co. Su Keenan reports
Wall Street spent much of this year getting more tepid on third-quarter corporate profits, with expectations for subdued growth giving way to expectations for a slight decline.
Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.
The market liked what it saw in the quarterly releases from JPMorgan JPM, Citigroup C, and even Wells Fargo WFC. There was plenty to like in these results, with the resilient economy helping keep cred
A new earnings season has kicked off with a bang against the backdrop of a recovering economy and shifting financial landscapes. Major US banks JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (N
Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). “The growth in spending is decelerating and the consumer is more mindfu
Citigroup Inc. (NYSE:C ) Q3 2023 Earnings Conference Call October 13, 2023 11:00 AM ET Company Participants Jen Landis - Head, IR Jane Fraser - CEO Mark Mason - CFO Conference Call Participants Mike M

Why Are Bank Stocks JPM, WFC, C Up Today?

02:37pm, Friday, 13'th Oct 2023
A range of the most prominent U.S. bank stocks surged between 2% and 5% in today's afternoon session. JPMorgan Chase (NYSE: JPM ), Wells Fargo (NYSE: WFC ) and Citigroup (NYSE: C ) each saw impr
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