JPMorgan Chase & Co. posted its highest quarterly profit after issuing $ 2.9 billion, which it set to cover individual debts. The bank’s profit rose 42% to $ 12.14 billion, or $ …
Read More »Wells Fargo’s earnings hit 56% despite epidemic hit subsidy
Wells Fargo & Company WFC <span>-4.79%</span> Its third-quarter profit fell 56% on Wednesday, though the bank indicated it was prepared for a wave of sour loans. The San Francisco-based lender said it …
Read More »Fifth Third Signals Resurgence of the banker’s confidence
Fifth Third Bancorp's $ 4.7 billion agreement to acquire Chicago-based small lender MB Financial is a sign that positive animal spirits have returned to the banking world. Investors should expect many more …
Read More »PayPal agrees to buy European Fintech Startup iZettle for about $ 2.2 billion
PayPal Holdings Inc. agreed to buy European financial technology startup iZettle AB for about $ 2.2 billion, a move that would catapult the US digital payment giant into hundreds of thousands of …
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