At the start of Morgan Stanley’s first-quarter earnings call this month, CEO Ted Pick made two immediate points: He highlighted the $94 billion in assets the bank’s wealth managers pulled in for the ...
Bank stocks are starting to come back in a big way, quietly climbing as the overall market gets close to new record highs. On a recent episode of CNBC’s Fast Money, the panelists pointed out that big ...
Robinhood Markets, Inc. (NASDAQ: HOOD), the platform synonymous with commission-free trading and the surge of retail investor activity in recent years, is making a dramatic pivot. Known for ...
Wall Street is raking in even more money from trading than it did during the market’s Covid-19 era swings. Goldman Sachs, JPMorgan Chase and Morgan Stanley all said a surge in trading revenue helped ...
Bank of America Corp BAC shares are trading lower Tuesday afternoon as a financials sell-off has deepened on private-credit ...
CNBC Select has chosen the best no-commission apps in a variety of categories, from mutual funds to fractional shares. (For ...
UPDATE: This article now includes commentary from Goldman's earnings call as well as commentary from analysts. Tariff-induced economic uncertainty appears to have put plenty of wind in Goldman Sachs' ...
Banks are on track to report another strong quarter in sales and trading after US president Donald Trump’s chaotic tariff announcements in April rocked financial markets and triggered a flurry of ...
Shares of Austrian bank Raiffeisen have been a strong performer recently, driven higher by a combination of resilient core earnings and a possible end to the war in Ukraine. Provisions related to ...
MarketAxess must be doing something right. Trading volumes for the third quarter of 2003 were projected to exceed $50 billion, giving MarketAxess an average annual growth in trading volume of over 300 ...
Germany’s DZ Bank received EU MiCAR approval and will launch “meinKrypto,” a retail crypto platform for cooperative banks, while also joining a consortium to develop a regulated euro stablecoin.