By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a legal[...]
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July 14, 2023
JPMorgan’s profit surges to record after First Republic deal
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even as its chief Jamie Dimon cautioned about unprecedented economic ris[...]
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Wells Fargo hikes outlook for interest income after profit surges 57%
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending its share[...]
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Citigroup profit drops 36% on trading slump, rising expenses
By Tatiana Bautzer and Mehnaz Yasmin (Reuters) -Citigroup beat analysts’ estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow to its W[...]
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