Citigroup profits rise, helped by trading like JPMorgan
Citi saw a boost in profits from its trading operations.
Wells Fargo profit sinks 13% while new CEO prioritizes resolving regulatory issues
Wells Fargo earned $2.9 billion, or a diluted 60 cents a share, as revenue slipped 5.2 percent year-over-year to $19.98 billion.
JPMorgan Chase reports record $36.4B profit for 2019
The bank earned $2.57 a share in the fourth quarter as revenue rose 8.4 percent year-over-year to $28.3 billion.
Jamie Dimon: US-China trade deal 'has substance and depth'
JPMorgan Chase chairman and CEO Jamie Dimon sat down with FOX Business' Maria Bartiromo, saying "it's good they are doing this trade deal."
SoftBank's Vision Fund manager Misra indicating he's staying on despite flubs: Sources
Rajeev Misra, who was wooed from Wall Street to Softbank in 2014 and helped Masayoshi Son create the Vision Fund three years later, is telling people that despite a recent tough patch, he is well on his way of fixing the Vision Fund's problems by tightening up its investment criteria.
Lloyds Banking Group may cut staff bonuses amid problems: report
The bank has seen a spike in payment protection insurance claims since October.
Bank of America CEO: Technology is keeping major banks relevant
Bank of America chairman and CEO Brian Moynihan said nearly a third of Bank of America's sales are done digitally, and now there are even more ways to interact through mobile banking.
Goldman Sachs finally launches app for online bank Marcus
Goldman Sachs Group Inc launched a long-awaited app this week for customers of its online bank Marcus.
Can you reach your financial goals?
Americans are optimistic they’ll achieve their financial goals by 2030.
Private equity's talent challenge: Keeping it out of the family
Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers.
Epstein pal Ghislaine Maxwell under ex-Navy SEALs guard: Report
Maxwell faces "credible death threats," a source told The Daily Mail.
SoftBank,Vision Fund move on after WeWork fiasco, but another hit could be looming
The hotel startup Oyo is facing scrutiny over its investments, including Oyo, an India-based budget hotel chain, that has been inflating the number of rooms listed on its site and listing rooms from unlicensed hotels.
American Airlines vows to share Boeing proceeds with workers
American is talking to Boeing about compensation for grounded planes and canceled flights.
Nexstar Selling 19 stations to get Tribune deal done
The deal helps in getting FCC and DOJ approval.
Hasbro finalizes $3.8B Entertainment One acquisition
The deal was struck over the summer.
WeWork's executive exit package details revealed
WeWork would pay out nearly $17 million to its new co-chief executives.
The 10 biggest business stories in 2019
A look back at the big financial stories of 2019 and ahead to what will be the major headlines of 2020.
Rising credit card debt boosts bank profits
A record 182 million Americans have credit cards and are carrying more than $1 trillion in debt.
Banks own thousands of commodity-carrying railcars in 'suffering' industry: Report
Banks held onto their railcar units after the 2008 financial crisis.
Broadway hits $1B sales mark
"West Side Story" and "A Christmas Carol" lead the way.