Wells Fargo posts mixed Q3, EPS beats but revenue misses; raises dividend 11% to $0.50
Wells Fargo drew cautious response to a quarter where earnings beat but revenue fell short, while the bank lifted its dividend and its CEO pointed to growth mar
Pluang · +14 outlets
JPMorgan brings JPM Coin, its dollar-deposit token, to Ethereum
JPMorgan is expanding JPM Coin onto a public blockchain, part of a broader Wall Street push into tokenized assets as a new growth area.
CoinDesk · +14 outlets
US bank stocks' longest losing streak since 2008 clashes with solid earnings
Despite reporting over $36 billion in combined profits, large US bank shares have slid for weeks, a disconnect analysts attribute to rate and credit risk concer
Yahoo Finance · +9 outlets
Goldman Sachs Q3 equities trading revenue jumps 72%
Goldman's trading unit posted a sharp revenue gain as Wall Street banks overall delivered a solid quarter, according to Moody's.
Opening Bell Daily · +14 outlets
OCC report finds debanking at nine major US banks
A regulator's review documented account closures at large banks, amid separate investigations into accusations of political and religious discrimination.
Banking Exchange · +14 outlets
CRE loan stress eases even as bank write-offs spike
Commercial real estate loan pressure is moderating, though lenders are booking higher write-offs and rising bad-debt provisions.
Bisnow · +4 outlets
Wintrust Financial reports record Q3 net income of $239.1M as revenue rises
The Chicago-area bank holding company posted record quarterly profit and year-to-date net income of $700.1M, with sales roughly in line with estimates.
GlobeNewswire · +5 outlets
W. R. Berkley Q3 underwriting income rises 10.6% but net profit falls
The insurer grew pre-tax underwriting income even as overall net profit declined in the third quarter.
Stock Titan · +3 outlets
HDFC Bank Q2 FY27 net profit rises 4.7% to Rs 19,510 crore, NIM at 3.16%
India's largest private lender posted modest profit growth as net interest income expanded.
Kalkine India · +14 outlets
Evercore names Nigel Dawn and Naveen Nataraj co-presidents; CEO to stay three years
The investment bank elevated two executives to the tier below CEO John Weinberg, who agreed to remain at least three more years.
Bankingdive · +7 outlets
Fifth Third CEO downplays risk from AI agent Muse on bank earnings call
Tim Spence said incumbents retain leverage against AI-driven deposit competitors, provided they respond.
Bankingdive · +2 outlets
IDBI Bank Q2 net profit falls 39% to Rs 2,205 crore as NII nearly halves
The Indian lender's quarterly profit slumped on a sharp drop in net interest income, with investors focused on its pending Fairfax stake deal.
Thekanal · +11 outlets
Piramal Finance Q2 net profit jumps 67% to Rs 545 crore, guides NIM expansion
The Indian non-bank lender reported strong profit growth and pointed to expanding net interest margins.
Rediff MoneyWiz · +3 outlets
Huntington launches AI-powered small-business operating platform
The regional bank rolled out 1866 Studio as it competes for small-business customers.
Bankingdive · +14 outlets
Union Bank sees over Rs 110 crore fee income hit from proposed IRDAI distribution norms
The Indian state lender's CEO quantified the expected fee-income impact if new insurance distribution rules take effect.
PSU India · +2 outlets
Western Alliance Q3 adjusted earnings and revenue rise
The Arizona-based regional bank posted higher adjusted quarterly profit and revenue.
Yahoo Finance · +13 outlets
ServisFirst Bancshares Q3 adjusted earnings and revenue rise
The Alabama-based bank reported higher adjusted quarterly earnings and revenue versus estimates.
Yahoo Finance · +1 outlets
Public Bank could reap RM2.24b from potential LPI sale; RM1bil impairment seen not affecting capital plan
Analysts estimate Malaysia's Public Bank could gain from a stake sale in insurer LPI while a large impairment is not expected to derail capital returns.
The Malaysian Reserve