Bankruptcy Blogs

Wells Fargo profit falls 5.4% as mortgage banking revenue slumps

01/13/17

Fourth-quarter profit dropped 5.4% as revenue from its mortgage business declined, Wells Fargo said Friday.

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Higher rates, SEC settlement take big bite out of HomeStreet’s profit

01/13/17

The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.

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Big banks report; Why Goldman is different

01/13/17

Big banks report; Why Goldman is different

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JPMorgan’s profits soar on trading, but overall revenue up just 2%

01/13/17

JPMorgan Chase said profit rose 24% as bond-trading revenue climbed more than analysts estimated and expenses fell.

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Business lending boosts PNC’s 4Q profit

01/13/17

PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans.

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B of A Profit Rises 43% on Cost Cuts, Bond Trading

01/13/17

Bank of America, the second-largest U.S. lender by assets, said fourth-quarter profit rose 43% as revenue from fixed-income trading increased and expenses dropped.

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Deloitte opens blockchain lab in New York to push for working prototypes

01/12/17

The goal of Deloitte's new blockchain-focused lab in New York is to turn proofs of concepts into real solutions.

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Trump team signals it will oust CFPB's Cordray

01/12/17

A top Trump administration official said Thursday that the president-elect is considering former Rep. Randy Neugebauer to run the CFPB, the first clear sign that he intends to dismiss Richard Cordray.

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Prospect of tax reform upends affordable housing finance

01/12/17

Banks have started reconsidering how much they are willing to pay for low-income housing tax credits.

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Women in Banking: VC funding, imposter syndrome and other battles

01/12/17

Mary Lynn Lenz shares some insight on M&A challenges and turnaround success, Sallie Krawcheck says Wall Street diversity can't get worse and Ginni Rometty explains why IBM bought Promontory.

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