JPMorgan and Wells Fargo shares fall after earnings reports, while Goldman Sachs rises
The US reporting season has begun with mixed results for the country’s major banks.
Business
Fed chief’s inflation warning sends Wall Street lower
US stock markets fell after Fed chief Kevin Warsh’s message that inflation is too high.
Business
Five New York-listed stocks move to Dallas exchange in a week
Texas Capital Bancshares becomes the fifth New York-listed company in a week to announce that it is moving its primary stock listing to the new Dallas stock exchange.
Business
Rausing family sells more than $1 billion in U.S. stocks in second quarter
The Swedish Rausing family - which made a fortune in Tetra Pak - sold more than $1 billion worth of U.S. stocks in the second quarter, joining a group of wealthy investors reducing their exposure to the world's largest stock market.
Business
Morgan Stanley posts record $6.3 billion in equity trading revenue, topping forecasts
Investment bank Morgan Stanley reports $6.3 billion in revenue from equity trading in the second quarter. This is a new record and can be compared with an average forecast of $4.5 billion among analysts.
Business
Up on Wall Street, the tech sector is the driving force
Renewed hopes for a peace deal in the Iran conflict lifted US stocks. President Donald Trump suggests new talks could take place within two days.
Business
Banks and chip giants drove down the US stock market
Declines in bank and IT giant stocks led the New York Stock Exchange's leading index to fall on Wednesday.
Business
Bank of America reports stronger-than-expected Q4 2025 results as interest and trading income beat expectations
The major bank, Bank of America, reports stronger-than-expected results for the fourth quarter of 2025. Both interest income and trading income beat expectations.
Business
JPMorgan reports higher-than-expected fourth-quarter revenue
The major American bank JPMorgan Chase & Co. reported $46.7 billion in revenue in the fourth quarter of last year, according to financial statements. This was marginally more than the average forecast of $46.4 billion.
Business
Wall Street Seesaw: S&P 500 Dips Amid US-China Trade Concerns
New York stock exchange's broad S&P 500 index fell sharply in Tuesday's morning trade, turned to plus but closed nonetheless on minus.
Business
JP Morgan Surpasses Q3 Expectations with Strong Investment Banking Results
The American major banks JP Morgan, Goldman Sachs and Wells Fargo all report a result above expectations for the third quarter.
Business
The Bank Chief Warns: Turbulent Times Ahead
The American JP Morgan Chase's CEO Jamie Dimon is warning that the US economy is facing a period of "significant turbulence". The bank giant, the US's largest, is setting aside approximately 10 billion kronor to build up its buffer – a significantly larger amount than expected.
Business
The stock market rose for the third day in a row
The Stockholm stock exchange continued upwards on Thursday for the third day in a row. The broad OMXS index rose 0.7 percent.
Business
Banker led a broad upswing on Wall Street
The courses on the New York stock exchanges rose on a broad front on Wednesday. Behind the investors' good mood lay partly a positive inflation report, partly unexpectedly strong financial reports from some of the USA's largest banks.
Business
USA's banks are doing better than expected
The reporting season in the USA has begun with a series of strong financial reports from the major banks on Wall Street. Both JP Morgan Chase and Goldman Sachs are reporting significantly better results than expected and are getting the thumbs up in the futures market in New York.
Business
Cheerful on Wall Street after Trump win
The New York Stock Exchange opened clearly upwards after it became clear that the Republicans' Donald Trump won the presidential election – and at closing, all leading indexes stood at record levels.
Business
JP Morgan's share is falling – despite record profit
Three major banks on Wall Street have kicked off the reporting season in the USA. JP Morgan Chase & Co is falling in futures trading after the bank's quarterly figures – despite a record-breaking profit. But Citigroup is rising after unexpectedly large cost savings.
Business