Topic

Business US

US banks beat expectations, warn

JPMorgan, Goldman Sachs, Citi and Wells Fargo reported stronger-than-expected quarterly profits in the United States, driven by trading, dealmaking and interest income, while CEOs warned of bubble risks.

The Wall Street Journal

Goldman Sachs Plans Layoffs Despite Surging Profits

The bank told employees that headcount growth will be constrained through the end of the year.

Reposts 0 6h

Corriere della Sera

Wall Street hits record profits for Goldman Sachs and Citi, but the risk of a bubble is growing

US banks continue to do booming business thanks to the return of big deals. But the risk of a correction is rising. Warnings from Solomon, Dimon and Fraser.

Reposts 1 7h

The Guardian

JP Morgan Boss Says More 'Cockroaches' Will Emerge After Private Credit Sector Failures

Jamie Dimon warned that further weak links in the 'shadow banking' sector could be revealed after the collapse of two US firms: the subprime auto lender Tricolor and the car-parts supplier First Brands. The bank said it had no exposure to First Brands but had taken a $170 million hit from Tricolor, which collapsed amid fraud allegations last month.

Reposts 3 8h

Financial Times

Bank results as it happened: Goldman Sachs, JPMorgan and Citi CEOs warn that markets are approaching bubble territory

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Reposts 11 9h

Die Presse

US banks surprise with high quarterly profits amid stock market turmoil

The major U.S. banks kick off the current earnings season and, despite a weak stock market, beat expectations.

Reposts 0 9h

New York Times

Big Banks Credit 'Resilient' Economy for Profit Growth

JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth.

Reposts 3 10h

Frankfurter Allgemeine Zeitung

Booming profits: US banks significantly boost their results

JP Morgan again raises its forecast for net interest income. Bank CEO Dimon warns of geopolitical risks and inflation. Other US banks are also delivering solid results, with gains in trading and investment banking.

Reposts 0 10h

The Wall Street Journal

JPMorgan’s Profit Jumps as Business Booms on Main Street, Wall Street

The bank posted higher revenue from trading and dealmaking, while CEO Jamie Dimon said the economy remains resilient despite some signs of softening.

Reposts 0 11h

The Wall Street Journal

Goldman Sachs Profit Surges, Fueled by Dealmaking Boom

Investment banking revenue jumped 42% and results beat expectations.

Reposts 0 13h

Handelsblatt

US banks: JPMorgan and Wells Fargo increase profits - Investment banking and interest rates support

According to JPMorgan chief Jamie Dimon, the US economy is in better shape than feared. The banks have also benefited from the lower interest rates in the US.

Reposts 0 13h

Handelsblatt

US banks: JPMorgan and Wells Fargo lift profits – investment banking and interest rates support

According to JPMorgan CEO Jamie Dimon, the U.S. economy is in better shape than feared. The banks have also benefited from lower interest rates in the United States.

Reposts 0 13h

Svenska Dagbladet

JPMorgan beats expectations

The U.S. big banks JPMorgan, Goldman Sachs, and Wells Fargo all report third-quarter results above expectations

Reposts 0 13h