“Record” levels of digital engagement, coupled with an improved economy and organic growth, allowed the Bank of America to end the year on a high note, the company’s chief executive reported on an earnings call Wednesday (Jan. 19). Get the Full Story Complete the form...
Truist Financial Corporation on Tuesday (Jan. 18) reported its fiscal 2021 fourth-quarter earnings were $1.38 per share (up 9.52%), beating the Zacks Consensus Estimate of $1.26 per share and up from $1.18 a year ago, according to a Tuesday (Jan. 18) press release. Get the...
Wall Street may be focused on trading revenues and rising compensation costs, but digging deeper into Goldman Sachs’ latest results show continued traction within its digital and consumer banking efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Goldman Sachs saw its profits decline by 13% in the fourth quarter, the banking giant announced Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The London Stock Exchange (LSE) wants to draw big-growth tech firms to the U.K. as Brexit has seen the dust settling, according to a report Saturday (Jan. 15) from The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...
Citigroup is making changes to its business structure, the bank said on its earnings call Friday (Jan. 14), part of a larger strategy to get away from global retail banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In what could be considered a sign of economic recovery, Wells Fargo reported Friday (Jan. 14) that the demand for both consumer and commercial loans jumped 5% in the second half of 2021. Get the Full Story Complete the form to unlock this article and...
Wells Fargo posted fourth-quarter net income of $5.8 billion on Friday (Jan. 14), an 86% increase over last year’s $3.09 billion, according to the bank’s earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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