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Bank of America reported a profit of 90 cents per share in the quarter, beating analysts’ average expectations of 82 cents per share
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Goldman Sachs’ net profit slumped 33% to $2.06-billion, or $5.47 per share, it said on Tuesday
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Many cuts have come in capital markets divisions amid a moribund deal-making market, following similar layoffs in the U.S.
Deutsche Bank DB-N and Citigroup C-N admitted anti-competitive activity by exchanging sensitive information on U.K. government bonds between 2009 and 2013,…
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Citi economists had earlier pegged global growth at 2.2% for the year and expected the onset of a recession in the United States in the third quarter