Morgan Stanley’s profit rises as investment banking recovers
MORGAN Stanley’s profit rose in the first quarter, lifted by a resurgence in investment banking. The Wall Street bank on Tuesday ...
Tag: Profit
Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
MORGAN Stanley’s first-quarter profit beat estimates on Tuesday (Apr 16), fuelled by a resurgence in investment banking and growth in ...
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
TELECOM equipment maker Ericsson reported on Tuesday (Apr 16) a first-quarter adjusted profit that beat expectations and said sales might ...
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, is expected to ...
Goldman Sachs profit jumps 28% on investment banking strength
GOLDMAN Sachs profit rose 28 per cent in the first quarter, buoyed by a recovery in debt underwriting and dealmaking ...
Goldman Sachs’ profit beats as investment banking fuels highest earnings since 2021
GOLDMAN Sachs’ first-quarter profit beat Wall Street estimates as a recovery in underwriting and dealmaking boosted its investment banking unit, ...
China’s CATL sees profit swing back to growth in Q1
CHINESE electric vehicle battery giant CATL reported a rise of 7 per cent in first-quarter profit on the year, a ...
Citi profit drops as costs rise for employee severance, deposit insurance
CITIGROUP’S profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside ...
Wells Fargo profit shrinks more than 7% on lower interest income
WELLS Fargo’s profit fell more than 7 per cent as it earned less from customer interest payments in the first ...
JPMorgan’s profit rises on interest income strength
JPMORGAN Chase on Friday (Apr 12) forecast full-year income from interest payments below analysts’ expectations as the industry prepares for ...
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