Deutsche Bank Reports Higher Profit in Tumultuous Quarter
Despite panic by investors in March, the bank’s bread-and-butter lending business offset declines at the investment bank
Source: wsj.com
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Barclays Profit Lifted by U.S. Credit-Card Business
British bank was also boosted by higher interest rates in the U.K.
Source: wsj.com
The Next Companies to Splash the Cash? European Banks—Really
Strong first-quarter results from Barclays and Deutsche Bank show the financial rehabilitation of Europe’s top lenders, but investors remain wary
Source: wsj.com
UBS Attracts Customers Ahead of Credit Suisse Integration
Switzerland’s largest bank is absorbing the next largest, adding upside and risks
Source: wsj.com
First Republic, UPS, PepsiCo, Microsoft, Alphabet, and More Stock Market Movers
United Parcel Service trims its revenue outlook, General Motors crushes earnings estimates, First Republic tumbles after deposits at the regional lender sink, and Verizon loses subscribers.
Source: barrons.com