[#item_full_content]Bank of America’s net income fell to $3.1 billion in the fourth quarter from $7.1 billion…
Year: 2024
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
[#item_full_content]Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.
Bill Ackman is creating an activist organization to fight antisemitism, reform higher education
[#item_full_content]”It’s going to be a ‘think-and-do tank’. It’s going to be an activist,” Ackman said in…
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
[#item_full_content]Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[#item_full_content]JPMorgan is watched closely for clues on how banks fared amid volatile interest rates and rising…
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
[#item_full_content]Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[#item_full_content]Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts…
BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion
[#item_full_content]BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about…
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[#item_full_content]Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts…
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
[#item_full_content]Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[#item_full_content]JPMorgan is watched closely for clues on how banks fared amid volatile interest rates and rising…
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
[#item_full_content]Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion…
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
[#item_full_content]Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[#item_full_content]Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts…
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
[#item_full_content]JPMorgan is watched closely for clues on how banks fared amid volatile interest rates and rising…
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
[#item_full_content]Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion…