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Wells Fargo, Citi, and JPMorgan reported earnings. Here's what to knowCiti's reorganization appears to be on the right track. JPMorgan saw record profit. And Wells Fargo's NII is nearing a bottom
Updated August 6, 20245 min read
Citi's reorganization appears to be on the right track. JPMorgan saw record profit. And Wells Fargo's NII is nearing a bottom
Citigroup last year embarked on its largest reorganization in almost two decades. The bank beat Wall Street expectations in second-quarter earnings
The bank saw net income rise 25% in the second quarter
Each of the 10 charges against Hwang carries a maximum of 20 years in prison
Salmonella contamination at a Quaker plant and mislabeled root beer and ginger ale cases were bad for business
Apple will have to share its “tap and go" tech with third-party digital wallet providers for free
Earning points on rent is attractive, but Bilt's deal with Wells Fargo has come under fire
Major U.S. banks are expected to keep up their momentum in the second quarter
The company said the layoffs are about reallocating resources toward its "most critical areas"
With life expectancy on the rise, U.S. adults are unsure of how much to save
A shopper found 10-15% markups from shelf prices on products at checkout
The aircraft manufacturer has suffered a series of reputational blows this year
How little pieces of plastic became a sky-high profit center for carriers
The deal, which has been months in the making, will make David Ellison CEO
The plea deal will require Boeing to pay an additional $243.6 million fine connected to Lion Air Flight 610 and Ethiopian Airlines Flight 302
With Daniel Pinto retiring, JPMorgan's board is looking to develop shareholder-friendly executives
The company has warned it "lacks the financial resources it needs" to keep the lights on
How the pinnacle of motorsports is evolving for a new era
Redfin found that just 39% of U.S. renters make enough money to afford a median-priced apartment
GameStop CEO Ryan Cohen is the founder of online pet supply retailer Chewy
The income Americans say they need to live comfortably is double what the average U.S. full-time worker earns
Buffett's will states that 99% of his remaining wealth will go toward philanthropic purposes after his death
The two oldest presumptive presidential candidates in history faced off Thursday night
GameStop CEO Ryan Cohen is the founder of online pet supply retailer Chewy