Earnings

Pressure mounts on Citi to beef up returns

04/15/19

Citigroup's return on tangible common equity rose in the first quarter, but stubbornly high expenses and costly technology investments may make it hard for the bank to hit its targets for this year and next.

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Citigroup trims costs 3%, exceeding expectations

04/15/19

Bank's profits up 2% despite decline in revenue.

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Wells Fargo's new timeline to escape asset cap: There isn’t one

04/12/19

The San Francisco bank is under pressure from investors to get out from under a Fed-imposed asset cap and to hire a new permanent CEO. But executives said Friday that thoroughness is more important than speed.

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First Republic hits asset milestone, tops $100 billion

04/12/19

The San Francisco bank has roughly doubled its assets in the last five years with the benefit of an acquisition.

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Commercial lending, fee businesses boost PNC's 1Q profits

04/12/19

The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio.

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Wells Fargo profit surprise offers respite to 2019's tough start

04/12/19

Wells Fargo & Co. investors who stuck with the bank through a bumpy few months are being rewarded with the best first quarter in five years.

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JPM's profits up on revenue gain; Citi's changing of the guard

04/12/19

Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.

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JPMorgan gets one more boost from rate hikes before Fed’s pause

04/12/19

The Fed may have stopped raising borrowing costs for now, but the biggest U.S. bank is still reaping benefits from higher interest rates.

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Small banks’ tech discontent; Preparing for the end of Libor

04/11/19

Small banks rise up against “onerous contracts and sometimes mediocre digital offerings”; Quarles warns banks to speed up preparations for Libor sunset.

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