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July 19, 2017
American Express 2Q profit falls 33 percent, due to Costco
Credit card company American Express said its second-quarter profit fell 33 percent, largely due to the fact that it had a ...
July 14, 2017
Citigroup profit falls 3 percent, hurt by credit costs
Citigroup's second-quarter profit fell 3 percent as the bank had to set aside more money to cover souring loans, especially ...
July 14, 2017
JPMorgan CEO shifts topic to politics from financial results
After JPMorgan Chase posted a record $7 billion quarterly profit, the last thing a contentious Jamie Dimon wanted to talk ...
July 10, 2017
Global stocks start week solidly as US earnings loom
Global stock markets have started the new week fairly solidly as investors ready for the start of the second-quarter U.S.
June 29, 2017
Fed approves dividend, buyback plans of all 34 biggest banks
The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy ...
June 23, 2017
Fed: Biggest US banks strong enough to withstand recession
All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending, ...
June 01, 2017
American Express to solely take over the Hilton credit card
American Express will become the exclusive credit card issuer for Hilton Hotels, the company said Thursday, a major success ...
May 01, 2017
Supreme Court says cities can sue banks under anti-bias law
The Supreme Court ruled Monday that cities may sue banks under the federal anti-discrimination in housing law, but said those ...
April 18, 2017
Bank of America profits jump, helped by interest rates
Bank of America's first quarter profits grew nearly 40 percent, the bank said Tuesday, helped by higher interest rates as ...
April 13, 2017
Citigroup's profits rise, helped by trading business
Citigroup reported a first quarter profit that beat analysts' expectation Thursday. Like its competitors, Citi benefited from ...