Goldman, JPMorgan CEOs not worried about recession, for now

08:14pm, Thursday, 14'th Apr 2022 MarketWatch
JPMorgan's Jamie Dimon and Goldman's David Solomon see more complexity and headwinds from war and inflation, but no widespread economic downturn.

Making Sense of Bank Earnings Amid Market and Economic Uncertainty

07:39pm, Thursday, 14'th Apr 2022 Zacks Investment Research
For the Zacks Major Banks industry, which includes Citi and JPMorgan and accounts for roughly 40% of total Finance sector earnings, total Q1 earnings are on track to be down -32.9% from the same perio

Goldman Sachs, Morgan Stanley, Citigroup report lower earnings

03:11pm, Thursday, 14'th Apr 2022 MarketWatch
Goldman Sachs, Citi, Morgan Stanley shares rise while Wells Fargo's retreats as banks all beat profit targets, but Wells Fargo falls short of revenue mark.
The Q1 earnings season is officially underway, with the major US banks reporting on their performance in the three months to the end of March. Source: Earnings Calendar Benzinga Pro (14-day free tria

Citigroup (C) Q1 Earnings and Revenues Surpass Estimates

01:49pm, Thursday, 14'th Apr 2022 Zacks Investment Research
Citigroup's (C) Q1 numbers are driven by the strong results in the Treasury and Trade Solutions business. However, rising expenses and lower revenues in the ICG segment are the undermining factors.

HSBC to Enter Metaverse by Purchasing a Plot of Land in Sandbox

02:45pm, Friday, 18'th Mar 2022 Zacks Investment Research
HSBC will buy a plot of digital land in the Sandbox platform, marking its entry into the metaverse.

Wall Street Breakfast: Economically Assured Destruction

11:31am, Friday, 18'th Mar 2022 Seeking Alpha
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
Russia says it made coupon payments in dollars on a pair of sovereign bonds, news reports said, a move that would avert a potential default.

3 Stocks Ready to Bounce Back

10:45am, Thursday, 17'th Mar 2022 The Motley Fool
These stocks have been hit in the technology sell-off, but they're high-quality babies that have been thrown out with the bathwater.
(Reuters) – Russia’s finance ministry said on Thursday its order to pay $117 million in interest on two Eurobond coupons was fulfilled and that it will update the market separately on whether the payment was deposited into the account of payment agent Citibank.
Russia''s finance ministry said on Thursday its order to pay $117 million in interest on two Eurobond coupons was fulfilled and that it will update the market separately on whether the payment was deposited into the account of payment agent Citibank .
Russia has outlined strict rules for foreigners to secure permits to buy and sell Russian securities and real estate, a client memo by Citigroup showed, the first details to emerge of new state controls in response to Western sanctions.

Citigroup to cover travel costs after US state abortion laws

10:33pm, Wednesday, 16'th Mar 2022 RTL Today
The Federal Reserve plans to reduce its record-sized balance sheet from nearly $9 trillion to help cool inflation at 40-year highs, potentially starting in May. Here's what happens to the money.

Citigroup paying for staff to travel out of state for abortions

06:28pm, Wednesday, 16'th Mar 2022 New York Post
Citigroup has started covering travel expenses for employees who go out of state for abortions because of newly enacted restrictions in Texas and other places, becoming the first major US bank to make that commitment. The new policy is “in response to changes in reproductive healthcare laws in certain states in the US,” the bank…
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