About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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The Bank of America cost-cutting machine hummed along for another quarter.
Leslie Picker reports on the earnings from JP Morgan, Wells Fargo and Citibank.
Citigroup shares fell on Friday after the banking giant reported weaker-than-expected quarterly revenue, driven by a decline in corporate lending.
JPMorgan beats estimates on higher than expected trading results.
The biggest U.S. banks announced plans to buy back tens of billions of dollars in stock and hike their quarterly dividends after passing an annual stress test by the Federal Reserve. Wells Fargo said it would more than double its stock buybacks to $24.5 billion and raise its quarterly dividend to 43 cents a share …
President Donald Trump is expected to sign the bill to ease regulations on all but the largest banks.
Morgan Stanley posted first-quarter earnings and revenue on Wednesday that beat analyst expectations on strong results in equity trading.
There is anger after the bank posted its third consecutive annual loss.
J.P. Morgan Chase reported its fourth-quarter earnings on Friday.
Bank of America is set to report third-quarter earnings on Friday. Here’s what Wall Street is expecting from the banking giant.
Wells Fargo reports third-quarter revenue that missed expectations, sending shares lower.
Wells said it uncovered nearly 70 percent more potentially unauthorized consumer and small-business accounts than originally thought.
Wells Fargo tells Evercore ISI it will “improve its transparency” and disclose all legal developments in its quarterly filings.
Analysts are angry over the latest Wells Fargo scandal where hundreds of thousands of customers were required to buy auto insurance they did not need.
Banking is the one industry above all others that should cruise higher during a Trump administration, but the road likely won’t be smooth.