The three big banks and the largest asset manager in the world inaugurate the season of US quarterly reports and have an impact on the performance of the stock market: Wall Street opened weakly
The American quarterly season begins with the big banks: the accounts of JP Morgan, Bank of America, BlackRock and Citigroup
In the press conference on the third quarter accounts Dimon did not hide his concerns about the global geopolitical situation - The quarterly reports of JP Morgan, Citigroup, BlackRock and Wells Fargo
Considering volumes, Goldman Sachs ranked first in the ranking of financial advisors for M&A, followed by Citi and Unicredit. As regards the number of deals, Mediobanca is in first place with 41 transactions in which…
It's not just the fact of being in a country that is no longer the EU. There is also the fact that if you have been abroad for at least 2 years you can have a 70% reduction on your annual earned income for five years. AND…
American banks at the center of the financial scene - In the whole of 2021, JP Morgan's net profit reached a record high of 48,3 billion dollars - Meanwhile, BlackRock becomes the first listed asset manager to reach 10 trillion…
Jane Fraser, Scottish of origin but naturalized American, will be the first female CEO of Citigroup from February - In the big banks it has never happened before that the leadership was entrusted to a woman
The season of US quarterly reports begins with the three big banks - Profits up 15% for Citigroup, profits for Wells Fargo fall by 53%
Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley leader to enter the field of financial activities. The Google project, whose code name is "Cache", will lead to the launch of a bank deposit account,…
The first of the Wall Street giants to publish its accounts closes the second quarter with results that beat expectations - Surprisingly, the turnover of the trading division is also growing
Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Mufg Bank have been fined by the European Antitrust for building a cartel in the spot foreign exchange market. Ubs collaborates and avoids the fine
The US Bank had requested the suspension of the delisting of the security - According to the administrative judges it is "not possible to detect with sufficient certainty the existence of the "profiles of foundation of the appeal"
Profits and revenues on the rise for three of the main US banks: JP Morgan, Citigroup and Wells Fargo, which, however, are weighed down by open issues with the national authorities and a possible maxi fine on the way
JP Morgan, Citigroup and Wells Fargo have published their accounts for the second quarter: in all three cases the operating result is higher than analysts' expectations.
Goldman Sachs posted fourth-quarter profits of $2,347 billion ($5,08 per share), while Citigroup posted net income of $3,573 billion ($1,14 per share) - Both figures beat…
The two Wall Street giants have communicated the data for the third quarter - In both cases there is a decline in earnings on an annual basis (respectively -7,6% and -11%), but the earnings per share exceed forecasts
For Wells Fargo in the fourth quarter profits of 5,71 billion dollars: in line with 2014 and beyond expectations - Citigroup has seen profits jump in the wake of the drop in legal costs and the increase in turnover - Even…
The third largest American bank by assets posted a profit of 4,291 billion dollars (1,35 dollars per share) compared to 2,841 billion in the same period last year (88 cents per share).
Mixed results for two of the major US banks, Citigroup and Goldman Sachs. The former saw profits grow exponentially to nearly $5 billion, while the latter greatly disappointed analysts, halving profits.
Goldman Sachs closed the first quarter of 2015 with a net income of $2,84 billion, up 39,9% over the same period in 2014.
After the difficulties experienced yesterday by JP Morgan, expectations are also disappointed by two other US banking giants: in particular Bank of America sees profits down by 14% in the fourth quarter.
The amount drops from $10,7 billion to $6,6 billion - Credit Suisse, Citigroup and Barclays see their stakes reduced pro-rata.
This time the sanctions come from both sides of the Atlantic, for a total of over 2,5 billion euros which will have to be paid to five of the world's major banks for a foreign exchange manipulation affair - In addition to the two American…
Around 15 pm, that of the Lombard utility is the only positive stock among those in the Ftse Mib basket, gaining more than 1% to 0,771 euros, on a day in which the Stock Exchange is experiencing heavy losses, especially from the banking sector.
A day of realizations in Piazza Affari after yesterday's rally by Mario Draghi - Spreads in decline: yield on the XNUMX-year BTP at an all-time low - Among the positive notes, the surprise increase in German industrial production - Citigroup has…
Which banks have disbursed the most money to the US authorities? Reuters is thinking of answering this question with a graph that clarifies who paid, why, how much, when and how many times. At the top of the list is JP…
Goldman Sachs' second quarter reports profit growth to $2,04 billion, with a 6% increase in revenue. Shares Also Grow With $4,10 Each - Beating All Analysts' Predictions That Were Seeing…
Citigroup, the world's largest financial services firm, entered into an agreement with US authorities over subprime mortgage lending investigations in 2008. The withdrawal of the investigations will cost the American company as much as 7.000 million…
The US bank would be on the verge of reaching an agreement with the US Justice Department to dismiss the charges related to subprime mortgages - There is talk of a figure of around 7 billion dollars, halfway between the offer…
Despite the collapse of the banks, the Milan Stock Exchange is the best in Europe in the wake of the good opening of Wall Street - The collapse of Bpm continues, profits are taken on Mps - Exploits by Tod's and Ferragamo, Eni does well…
The financial services giant reported first-quarter net income of $3,9 billion - Analysts had expected a decline to $3,56 billion - Turnover for the period fell 1% to $20,12 billion from…
The Federal Reserve has rejected the capital and dividend plans of five institutions, among which Citigroup stands out, which will not be able to pay any dividends to shareholders - The subsidiaries of HSBC, RBS and Banco Santander have also been rejected, in addition to the regional…
New York-based bank Citigroup has revised downwards its fourth-half and full-year 2013 results following a massive scam targeting its Mexican division - The bank said in a statement it would have to cut…
The American broker has started hedging Mediolanum shares with a "buy" recommendation and a target price of 7,60 euros - On Unicredit, Citigroup has raised from "neutral" to "buy".
The US giant archives fourth-quarter profits of 2,69 billion, 82 cents per share excluding extraordinary items against the 95 expected by analysts - Profits more than double compared to the previous year thanks to the control over expenses and…
Positive closing for the third quarter of Citigroup with profits equal to 3,23 billion dollars. But 2013 data fell short of analysts' estimates, as bond trading activity fell 26% and…
In the second half of 2013, the American investment bank exceeded the already optimistic forecasts of analysts, grinding profits of 4,2 billion dollars, up 45% on the same period last year.
Excluding exceptional charges, earnings were $1,29 per share versus $1,17 expected. In the pre-market, the stock, already up 13% since the beginning of the year, is up 2%
The American institute will pay the deceived investors between 2006 and 2008 the sum of 730 million, thus filing the class action taken against it - Already last August Citigroup had had to pay 590 million to a group…
In the last three months of the year, net income increased to $1,19 billion (38 cents per share), up from $956 million in the same period last year (31 cents per share).
The resignation of the Saipem top following the investigation by the Milan Public Prosecutor's Office into alleged bribes in Algeria shakes Piazza Affari - The Citigroup and Deutsche Bank cases are also sensational: 11 layoffs for the American giant while three former executives…
The financial crisis has reduced the profitability and margins of banks, partly guilty of irresponsibly riding the wave of creative finance, but also afflicted by a productivity deficit and technological innovation that make them, especially in the case…
After last week's march, the title, as was foreseeable, falls and is placed at the bottom of the FTSE Mib - A negative impact of the detachment of the interim dividend and the rating cut by Citigroup.
After yesterday's quarterly results, the CEO of Citigroup announces his resignation - "This is the right time for another person to take over the reins of the bank", Pandit declared - Meanwhile on Wall Street the stock gains…
Net profit down 88% to 468 million dollars in the third quarter for the American banking giant which still records a better result than expected - A 2,9 billion writedown on Smith Barney weighed
After a terrible week, Eni's share is back on track, rising by more than one and a half points, to 17,28 euros per share - Citigroup analysts recommend buying: "Eni offers a business with good margins…
The bank has settled with investors who had organized a class action and will be forced to pay a maxi compensation of 590 million dollars - The institute was accused of having provided false information on its exposure to various…
Analysts have raised the chances of Athens leaving the Eurozone to 90% from 50-70% next year - Forecasts indicate that Spain and Italy will also resort to EU aid - Rain of downgrades for all of Europe,…
The institute brought home profits of 2,9 billion dollars, however higher than the expectations of analysts - Revenues were equal to 18,6 billion dollars, 9,7% less on an annual basis.
According to the US financial giant, it is very probable that Athens will abandon the single currency - Citi estimates an exposure of the public and private sector of 410 billion euros - The greatest risk is that capital flight will extend…
After Ireland, Portugal and Greece, the Iberian country is now at risk of needing aid, according to the analysis by Willem Buiter of Citigroup - If Madrid expects a 1,7% GDP recession this year, according to Citi instead it will be 2,7%.
Alwaleed, the Saudi prince who boasts investments in Apple, Citigroup and General Motors, with personal assets of over 20 billion dollars, places a strategic investment in the social network of the blue sparrow - In the last year the tweets in Arabic…
His name is Gary Foster and he is a New York executive of Citigroup - Not a top man, yet since 2003 he had been living like a nabob - He transferred the money from the Bank's internal accounts to his personal account at Jp Morgan…
