Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Read More BofA stock surges after boosting profit on trading gains, interest income
Tag: investment banking
US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business.
Read More US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows