Earnings
HSBC plans $6bn in Asia investments as profits slump by 34%
The UK lender is shifting billions to Asia as part of its strategic overhaul
4 min read
Goldman Sachs revenue surges as investment bank hits record highs
2021-01-19T12:55:56Z
3 min read
GAM forecasts loss after ‘very challenging’ 2020
2021-01-18T11:00:51Z
1 min read
Citi profits slip 40% as CEO Michael Corbat signs off ‘tumultuous’ year
2021-01-15T13:20:32Z
2 min read
JPMorgan’s investment bank profit soars 43% in Covid hit year
2021-01-15T12:52:18Z
3 min read
Morgan Stanley’s profit surges 25% on trading and investment banking boom
2020-10-15T12:21:31Z
2 min read
Bank of America sets aside a lower-than-expected $1.4bn for soured loans
2020-10-14T11:27:54Z
3 min read
Citigroup set-asides for bad loans plunge, sending profit higher than expected
The US bank unveiled profits of $3.2bn for the third quarter of 2020, well ahead of the analyst consensus of $1.9bn, as provisions for losses related to the pandemic dropped to around $2.1bn
JPMorgan’s bad loan provisions for pandemic plummet as profit beats targets
JPMorgan said the money put aside to cover bad loans — which surged to $10.2bn in the previous quarter — came in at $611m, down 60% on the previous year
Most Read
UniCredit increases bad-loan provisioning as revenue falls
2020-08-06T07:54:09Z
1 min read
