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Investment Banking News
Citigroup's Q2 Profits Rise Amidst Rising Costs
AHN
Citigroup Inc. on Monday announced its second-quarter profit rose 4 percent due to an improvement in investment banking. The company said consumer banking results improved, while loan losses fell. The increase in profits was also motivated by growth in the volume of international credit card...
Investment Banking News
Citigroup 2nd-qtr profit rises
YAHOO
Reuters - Citigroup Inc. , the world's largest bank by market value, on Monday said second-quarter profit rose, helped by growth in corporate and investment banking.
Investment Banking News
Bear Stearns profit soars 81 percent
YAHOO
Reuters - Bear Stearns Cos. said on Thursday its quarterly profit rose 81 percent as investment banking and capital markets revenues jumped.
Investment Banking News
Goldman Sachs' Earnings Skyrocket
AHN
Goldman Sachs Group Inc. on Tuesday announced its second-quarter profits doubled following an increase in investment banking and trading.
Investment Banking News
Goldman Sachs earnings surge
YAHOO
Reuters - Investment bank Goldman Sachs Group Inc. on Tuesday said its second-quarter earnings more than doubled, boosted by strong investment banking and trading results.
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Investment Banking News Bank of America net up 13.5 pct on trading, MBNA
YAHOO
Reuters - Bank of America Corp. on Thursday said first-quarter profit rose 13.5 percent, topping Wall Street forecasts, helped by record investment banking fees and trading profit and the purchase of credit card issuer MBNA Corp.
Sources: YAHOO
Investment Banking News JPMorgan Chase Q1 profit rises
YAHOO
Reuters - JPMorgan Chase & Co. , the third-largest U.S. bank, on Wednesday said first-quarter profit surged, beating expectations with help from growth in investment banking, credit cards and consumer banking.
Sources: YAHOO
Investment Banking News Citigroup leads US banks in posting higher profits
YAHOO
Reuters - Citigroup Inc. on Monday led large U.S. banks in reporting higher first-quarter profits, as strength in investment banking and trading offset a slowing growth in consumer banking.
Sources: YAHOO
Investment Banking News Citigroup's 1Q Profit Beats Projections
AHN
Citigroup Inc., the nation's largest financial institution, on Monday reported its first-quarter profit sailed past Wall Street projections due to record investment banking returns. The company reported a profit of $5.64 billion, or $1.12...
Sources: AHN
Investment Banking News Citigroup first-quarter profit rises 4 percent
YAHOO
Reuters - Citigroup Inc. on Monday said first-quarter profit rose 4 percent as record revenue from corporate and investment banking and from its non-U.S. units offset weakness in U.S. consumer banking operations.
Sources: YAHOO
Investment Banking News Morgan Stanley 1st-quarter earnings rise
YAHOO
Reuters - Morgan Stanley on Wednesday said quarterly profit and revenue rose 17 percent, both to record highs, as investment banking surged, retail businesses rebounded from past disappointments and trading income remained strong.
Sources: YAHOO
Investment Banking News Bear Stearns Posts 1Q Profit, Fined $250M
YAHOO
AP - Bear Stearns Cos. on Thursday became the third brokerage in as many days to post record first-quarter earnings and revenues, but the good news was overshadowed by old problems — illegal market timing practices that bilked mutual fund investors out of millions.
Sources: YAHOO
Investment Banking News Bear Stearns Posts 1Q Profit, Fined $250M
YAHOO
AP - Bear Stearns Cos. on Thursday became the third brokerage in as many days to posted record first-quarter earnings and revenues, but the good news was overshadowed by old problems — illegal market timing practices that bilked mutual fund investors out of millions.
Sources: YAHOO
Investment Banking News NYSE, SEC Fine Bear Stearns $250 Million
YAHOO
AP - Bear Stearns Cos. said Thursday it was fined $250 million by the New York Stock Exchange and the Securities and Exchange Commission for fraudulent market timing and late trading of mutual funds.
Sources: YAHOO
Investment Banking News Bear Stearns first quarter profit rises
YAHOO
Reuters - Bear Stearns Cos. said on Thursday its quarterly profit rose 36 percent, boosted by strong equities trading and investment banking results.
Sources: YAHOO
Investment Banking News Lehman Brothers quarterly earnings rise
YAHOO
Reuters - Lehman Brothers Holdings Inc. on Wednesday reported record quarterly profit and revenue amid surprisingly strong trading results, robust investment banking activity and investment gains.
Sources: YAHOO
Investment Banking News Goldman Sachs Profits Up
AHN
Yvonne Lee - AHN Staff Reporter New York, NY (AHN) - Goldman Sachs Group Inc. reports its first-quarter profits climbed 62 percent. The investment banking firm's earnings totaled $2.45 billion, or $5.08 per share in the quarter ending Feb. 24. This compares to $1.51 billion, or $2.94 per share...
Sources: AHN
Investment Banking News Goldman Sachs Profits Up
AHN
Yvonne Lee - AHN Staff Reporter New York, NY (AHN) - Goldman Sachs Group Inc. reports its first-quarter profits climbed 62-percent. The investment banking firm's earnings totaled $2.45 billion, or $5.08 per share in the quarter ending Feb. 24. This compares to $1.51 billion, or $2.94 per share...
Sources: AHN
Investment Banking News JPMorgan Cazenove revenues rise 18 pct in 2005
YAHOO
Reuters - JPMorgan Cazenove, the UK investment banking joint venture, said on Tuesday total revenues rose 18 percent in 2005 to 342 million pounds ($594.9 million) on a pro-forma basis.
Sources: YAHOO
Investment Banking News HSBC plans investment bank unit shake-up: source
YAHOO
Reuters - Europe's biggest bank, HSBC Holdings , is planning a shake-up of its investment banking operation following a personnel change at the head of the unit, a source familiar with the matter said on Thursday.
Sources: YAHOO
Investment Banking News Barclays 2005 profit up 15 pct on BarCap boom
YAHOO
Reuters - Barclays Plc , Britain's third-biggest bank, said on Tuesday profits jumped 15 percent to a record last year, just beating analysts' forecasts as a jump in investment banking income offset a big rise in bad debts.
Sources: YAHOO
Investment Banking News Morgan Stanley senior bankers Brown, Medici quit
YAHOO
Reuters - Morgan Stanley's vice chairman of investment banking, Douglas Brown, a senior banker who worked with some of the Wall Street firm's biggest clients, quit earlier this week amid a continued shake-up of its ranks.
Sources: YAHOO
Investment Banking News JPMorgan Chase quarterly profit rises
YAHOO
Reuters - JPMorgan Chase & Co. said on Wednesday quarterly earnings rose as investment banking profits offset weaker trading revenue and losses from a surge in bankruptcy filings.
Sources: YAHOO
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