Financial
Blackstone Swings to Record Profit in Q1’21
April 23, 2021 11:04 AM AEST | By Team Kalkine MediaSummary The investment company posted a profit of US$1.75 billion against a loss of US$1.07 billion in the year-ago period. Total revenue during t...
Citigroup to Exit Consumer Business Franchises in 13 Asia, EMEA Mark...
April 16, 2021 10:32 PM AEST | By Team Kalkine MediaSource: Freedomz, Shutterstock Summary Citi CEO said the 13 markets have an excellent business but do not have the scale to compete. Citi will...
JP Morgan, Goldman Sachs, Wells Fargo Report Strong Q1’21 Earnings
April 16, 2021 12:00 AM AEST | By Team Kalkine MediaSource: Freedomz, Shutterstock Summary JP Morgan posted 399 percent year over year growth in its first quarter net income Wells Fargo’s n...
Banking Outage Hits Wells Fargo Customers Amid Stimulus Payment
March 20, 2021 01:27 PM AEDT | By Team Kalkine MediaSource:GH Studio, Shutterstock Summary Some 150,000 checks, worth about US$442 million, were disbursed in the latest round. Banks to make 90 mi...
SoftBank Net Profit Swells to USD11 Billion as Vision Fund Rallies
February 10, 2021 06:24 AM AEDT | By Team Kalkine MediaSource:13_Phunkod, Shutterstock Summary SoftBank’s Vision Fund has invested in more than 160 companies across different geographies. The...
A sneak peek at mega cap US banks
January 30, 2021 04:29 AM AEDT | By Team Kalkine Mediad continue provided that the US economy improve over the near term. The US mega cap banks have closed the 2020 books with elan, having largely pe...
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