October 15, 2019

Goldman profit falls short on weak underwriting, M&A advisory

Goldman Sachs Group Inc missed Wall Street’s estimates for quarterly profit on Tuesday as global economic worries dampened appetite for deals and share sales. Powered by […]
October 15, 2019

Consumer banking powers Citigroup’s profit beat

Citigroup Inc beat analysts’ estimates for quarterly revenue and profit on Tuesday, as growth in its consumer banking business tempered weakness in trading. Powered by WPeMatico
October 15, 2019

Former Thomas Cook boss defends record after firm’s collapse

The former chief executive of bankrupt travel firm Thomas Cook said on Tuesday he understood public anger over his pay but defended his record, saying he […]
October 15, 2019

Futures rise as third-quarter earnings start on strong note

U.S. stock index futures rose on Tuesday, as the third-quarter earnings season got off to an upbeat start with robust reports from JPMorgan Chase, UnitedHealth and […]
October 15, 2019

JPMorgan profit boosted by bond trading, strong underwriting

JPMorgan Chase & Co beat Wall Street estimates for quarterly profit by a wide margin on Tuesday, underpinned by strength in bond trading, underwriting and home […]
October 15, 2019

Goldman profit hurt by weak underwriting, M&A

Goldman Sachs Group Inc reported a 27% slump in quarterly profit on Tuesday, hit by lower fees from advising on deals and weakness in underwriting. Powered […]
October 15, 2019

Exclusive: Deutsche Bank took years to flag suspect Danske money flows – source

Deutsche Bank did not disclose more than one million suspect money transfers with Danske Bank until February, a person with direct knowledge of the matter said, […]
October 15, 2019

J&J bumps up full-year profit view on strength of cancer drugs

Johnson & Johnson on Tuesday boosted its full-year adjusted profit forecast, as multi-billion dollar sales of its cancer drugs Darzalex and Imbruvica helped it beat estimates […]
October 15, 2019

Blackstone turns up heat on hotelier Unizo with tender offer

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Unizo Holdings at 5,000 yen a share, doubling down on its […]
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