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Banks

Goldman Sachs (GS) earnings 2Q 2023

by Walter Watson
Goldman Sachs (GS) earnings 2Q 2023

Goldman Sachs on Wednesday posted profit below analysts’ expectations amid writedowns tied to commercial real estate and the sale of its GreenSky lending unit. Here’s what the company reported: Earnings: …

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Morgan Stanley (MS) earnings 2Q 2023

by Anas Siddiqui
Morgan Stanley (MS) earnings 2Q 2023

CEO of Morgan Stanley James Gorman speaks in New York, May 6, 2014. Getty Images Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by …

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A key bank stock soars, but Cramer sticks to his discipline

by Horatio Thompson
A key bank stock soars, but Cramer sticks to his discipline

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli …

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Bank of America (BAC) earnings 2Q 2023

by Anas Siddiqui
Bank of America (BAC) earnings 2Q 2023

Brian Moynihan, CEO of Bank of America Corp., during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., Sept. 22, 2022. Al Drago | Bloomberg | Getty …

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For banks, big profits don’t mean market gains

by Walter Watson
For banks, big profits don’t mean market gains

People walk outside of the JPMorgan Chase & Co. Headquarters on June 12, 2023. in New York. Eduardo Munoz Alvarez | View Press | Getty Images This report is from …

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Apollo, Blackstone happy about tougher bank rules

by Anas Siddiqui
Apollo, Blackstone happy about tougher bank rules

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. …

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JPMorgan Chase (JPM) earnings 2Q 2023

by Walter Watson
JPMorgan Chase (JPM) earnings 2Q 2023

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., at the US Capitol for a lunch meeting with the New Democrat Coalition in Washington, DC, US, on …

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Bank of America fined for consumer abuses, fake accounts, bogus fees

by Anas Siddiqui
Bank of America fined for consumer abuses, fake accounts, bogus fees

A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty Images Bank of America, the …

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American banks face more pain, huge shift

by Anas Siddiqui
American banks face more pain, huge shift

The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of one wave of problems — and the …

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Goldman in talks to offload Apple Card to American Express: Source

by Anas Siddiqui
Goldman in talks to offload Apple Card to American Express: Source

Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a source told CNBC’s Leslie Picker. Goldman Sachs, Apple and American …

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