Investment banking and brokerage

This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke)
October 15, 2019 - 7:35 am
NEW YORK (AP) — JPMorgan Chase & Co. said Tuesday that its profits grew by 8% in the third quarter, helped partly by higher interest rates and a better-than-expected performance in its investment banking business. The nation's largest bank by assets said it earned $9.08 billion, or $2.68 per...
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In this Nov. 29, 2018 photo a Chase Bank logo is attached to an exterior wall at a bank location, in Dedham, Mass. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. (AP Photo/Steven Senne)
July 16, 2019 - 9:47 am
NEW YORK (AP) — Banking giant JPMorgan Chase & Co. said Tuesday that its second quarter profits grew by 16% from a year ago, helped by lower taxes and the ability to charge businesses and consumers more to borrow money. The nation's largest bank by assets said Tuesday that it earned $9.65...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results on Tuesday, July 16, 2019. (AP Photo/Richard Drew, File)
July 16, 2019 - 8:20 am
NEW YORK (AP) — Goldman Sachs said its second quarter profit fell 6% from a year earlier, as the Wall Street firm saw declines across most of its businesses. However the results were much better than what analysts' had forecast, pushing shares higher in premarket trading. The New York-based bank...
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A man walks past the Deutsche Bank sign in London, Monday, July, 8, 2019. Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, saying it is going “back to our roots” with a radical restructuring plan meant to focus the company on traditional strengths.(AP Photo/Natasha Livingstone)
July 08, 2019 - 3:01 pm
BERLIN (AP) — The radical and painful restructuring of Germany's Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended. The bank plan unveiled Sunday aims to go "back to our roots" by...
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Dark clouds cover the sky over the headquarter of Deutsche Bank in Frankfurt, Germany, Sunday, July 7, 2019. The supervisory board of the bank meets on Sunday to decide about further strategies. (AP Photo/Michael Probst)
July 07, 2019 - 3:55 pm
FRANKFURT, Germany (AP) — Germany's struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders. The Frankfurt-headquartered bank said it...
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FILE- In this Aug. 24, 2015, file photo specialist Frank Masiello is reflected in his screen on the floor of the New York Stock Exchange. U.S. stocks were mixed in early trading Monday, June 3, 2019, as investors looked to shake off the steep losses incurred in May. Energy and health care stocks led most sectors higher, although declines in some major technology and internet companies limited the gains. (AP Photo/Richard Drew, File)
June 03, 2019 - 5:17 pm
Major U.S. stock indexes ended mostly lower Monday amid signs that the Trump administration is laying the groundwork to ratchet up scrutiny on some of the market's biggest names: Apple, Facebook, Amazon and Google. Google's parent Alphabet lost 6.1% and Facebook sank 7.5%, pulling down...
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FILE - In this April 10, 2019, file photo, Goldman Sachs chairman and CEO David Solomon testifies before the House Financial Services Commitee during a hearing in Washington. Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. Solomon described the quarter as a "muted start to the year," in a written statement. (AP Photo/Patrick Semansky, File)
April 15, 2019 - 9:07 am
NEW YORK (AP) — Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. The investment bank earned a profit of $2.25 billion, or $5.71 a share, down from a profit of $2.83 billion, or $6.95 a share, in the same period a year earlier. The results...
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FILE- This March 23, 2018, file photo shows the entrance to Citibank at the Citigroup Center in downtown Los Angeles. Citigroup reports earnings Monday, April 15, 2019. (AP Photo/Richard Vogel, File)
April 15, 2019 - 9:04 am
NEW YORK (AP) — Banking conglomerate Citigroup said its first quarter profits rose by a relatively quiet 2% from a year earlier, as higher interest and investment banking revenues helped offset a decline in trading. Citi's results were similar to those of its Wall Street competitors, JPMorgan Chase...
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February 01, 2019 - 6:28 pm
Goldman Sachs Group's board is taking steps to slash its top executives' 2018 compensation, depending upon the outcome of investigations into the investment bank's role in the ransacking of a multibillion-dollar Malaysian state investment fund. In a filing with the Securities and Exchange...
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January 17, 2019 - 8:06 am
NEW YORK (AP) — Investment bank Morgan Stanley on Thursday reported fourth-quarter results that came up short of analysts' expectations, hurt by difficulties in trading that impacted other Wall Street firms. The New York-based firm said it earned $1.53 billion, or 80 cents a share, up from a profit...
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