Regions Financial Corp (RF) reported fourth quarter EPS from continuing ops of $0.37 on revenue of $1.44 billion. Analysts had expected the
Regions Financial misses earnings and revenue estimates for Q4
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Banking
PNC Financial fails to meet Street’s expectations in Q4
The PNC Financial Group (PNC) reported Q4 earnings and revenue that missed analysts' predictions. The company reported earnings of $2.75 per share
Crypto losses hit $700 billion as Bitcoin sees worst week
Bitcoin is slipping and how. On Friday, the cryptocurrency and its peers slid marking a 24% decline since Nov. 16 in the
A decade since Lehman collapse, tracking the key executives
It’s been 10 years since the largest bankruptcy filing was made in the history of the country, by Lehman Brothers. The bankruptcy
BNY Mellon tops Q3 earnings estimates; misses on revenues
The Bank of New York Mellon Corporation (BK) topped market estimates on earnings for the third quarter of 2018 but missed out
BB&T tops Q3 earnings and revenue estimates
BB&T Corp (BBT) posted Q3 adjusted profit per share of $1.01 and revenue of $2.95 billion, which beat consensus views. Analysts had
US Bancorp stock ticks up after Q3 results beat estimates
US Bancorp (USB) beat market estimates on revenue and earnings for the third quarter of 2018, giving the stock a lift of
Goldman Sachs’ solid Q3 results beat estimates; stock gets a lift
The Goldman Sachs Group Inc. (GS) topped market estimates on revenue and earnings for the third quarter of 2018, giving the stock
Mixed Q3 results in the offing for American Express shareholders
Credit card operator American Express (AXP) is preparing for its third-quarter earnings report at a time when the financial services market is
Bank of America to benefit from lower expenses, trading recovery in Q3
The banking sector is currently going through a challenging phase, marked by rising interest rates and tariff-related headwinds. When Bank of America
Wells Fargo stock rises after Q3 earnings
This quarter’s earnings season kicked off with the big banks reporting better-than-expected results today. One among them is Wells Fargo (WFC), which
Consumer banking in focus as Citi gears up for Q3 earnings
Citigroup (C) is currently in the midst of a comprehensive reorganization, mainly involving realignment of the investment banking division and key management
Earnings Preview: What to expect from JPMorgan Q3 results?
JPMorgan Chase (JPM) is scheduled to report its third-quarter results before the opening bell on Friday. The banking giant is going to
Will Trump’s tax reform save the banking sector?
As we move closer toward Friday for the banking earnings this new quarter, we also have to look at how federal policies
Citi rebuilding gathers steam; investment banking gets a facelift
The corporate and investment banking division of Citigroup (C) will soon cease to exist as an independent unit. According to sources, the
Wells Fargo employees face action for doctoring dinner receipts
Financial services giant Wells Fargo (WFC) has found itself in the center of yet another scandal involving its employees this week. In
Citi Cards chief Jud Linville steps down amid reorganization
Banking behemoth Citigroup (C) has embarked on a reorganization to ‘harmonize’ its global consumer banking businesses. As part of the restructuring and
KeyCorp beats in Q2 helped by loan growth
Regional bank KeyCorp (KEY) posted earnings of $0.44 a share in the second quarter, topping analysts’ estimate of $0.42 a share. Revenue
Meet the new Goldman Sachs chief: DJ D-Sol
Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David Solomon. But
Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal regulators. Revenue
Beware credit-card holders, Fed rate hikes are coming
The Federal Reserve is expected to spike interest rate today by about 0.25 percentage points to 1.75%. While this is good news