Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
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Wells Fargo says 'dominant pick' Citi's stock could double in three years
The vote of confidence marks a notable win for Citi CEO Jane Fraser, who has been looking to improve the bank's profitability since taking the helm in 2021. Wells Fargo's Mike Mayo, known for his ...
MarketWatch12d
Wells Fargo's commercial banking revenue down 6%
Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell ...
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Wells Fargo, Citi, Goldman, JPMorgan stocks gaining on earnings
Big Bank stocks are rising on Wednesday after releasing their fourth quarter earnings, with JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS) gaining after reporting ...
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Five banks offer mortgage reprieve to LA’s fire-ravaged residents
JPMorgan Chase, Citi, Bank of America, U.S. Bank and Wells Fargo postpone payments Gov. Gavin Newsom, Wells Fargo's Charles Scharf, U.S. Bank's Andrew Cecere, Bank of America's Brian Moynihan ...