Wells Fargo falls despite profit beat as executives warn of higher expenses
The bank reported second-quarter profit that beat forecasts, but lower net interest income and caution around expenses weighed on the stock.
The bank reported second-quarter profit that beat forecasts, but lower net interest income and caution around expenses weighed on the stock.
The Federal Reserve's looming interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.
Oil prices steadied on Tuesday, paring gains as U.S. offshore crude production resumed after Hurricane Barry and tensions between the U.S. and Iran were seen easing.
Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry.
An Italian court on Tuesday acquitted Monte dei Paschi di Siena's former finance chief Gianluca Baldassari and 11 others of charges related to an alleged fraud scheme at the bank.
Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of restrictions on the Chinese firm.
Blue Apron Holdings Inc said on Tuesday it would include Beyond Meat Inc's plant-based burgers on its menus next month, betting on a multi-billion-dollar meat alternative market to lure new customers.
A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find such ads "extremely annoying."
Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday.
The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union's president calling on the automaker to keep open plants it has slated for closure and to invest in its workforce after the union helped it through a government-led bankruptcy a decade ago.
For investors cheering stocks at record highs, a century-old classic theory is saying the market is still not out of the woods.
Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.
Goldman's total revenue was down 2% from the second quarter of last year, while investment banking revenue fell 9% year over year.
Impression Ventures | Christian Lassonde | July 16, 2019 Intro: NCFA Fintech Confidential spoke with some of Canada’s experienced fintech investors, on their background, how Canada has evolved, what we should be doing, advice to fintech founders and what keeps them awake at night. This is part 3 of a 4 part series. What
Bitcoin fell 8% on Tuesday, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies.