Higher rates, SEC settlement take big bite out of HomeStreet’s profit
The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier. ... Read full article
News Topic: Earnings
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B of A Profit Rises 43% on Cost Cuts, Bond Trading
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. ... Read full article