When it came to the Brexit vote, Wall Street banks (and traders) assumed the worst. But they may have gotten it wrong. » Read More
Saira Malik, whose picks for CNBC PRO's "Platinum Portfolio" are up more than 20 percent this year, discusses her favorite stocks for the months ahead.
Small business owners grew a little more optimistic for the third month in a row during June, the National Federation of Independent Business said its monthly survey of members showed. "Our data indicate that there will be no surge from the small business sector anytime soon," said NFIB Chief Economist William Dunkelberg. Other recent surveys, including ones...
NEW YORK— Bank of America's earnings fell 20 percent in the second quarter, the bank said Monday, as historically low interest rates dented the bank's profitability, just like it had done for its major competitors. The Charlotte, North Carolina- based banking giant earned $3.87 billion, or 36 cents per share, before dividends to preferred shareholders.
U.S. sovereign bond yields pared gains after gunfire was heard and jets were seen flying in the Turkish capital of Ankara.
It will be better when interest rates are higher, but it could be worse, Wells Fargo CFO John Shrewsberry says.
Herbalife Ltd., up $5.90 to $65.26. Wells Fargo& Co., down $1.23 to $47.71. Infosys Ltd., down $1.63 to $16.81.
John Shrewsberry, Wells Fargo CFO, sits down on the "Closing Bell."
The "FMHR" traders and John Spallanzani, GFI Group Chief Macro Strategist, discuss whether or not to buy or bail on the banks.
Banks face a host of headwinds in the current low-rate environment, according to FBR's Paul Miller and RBC's Gerard Cassidy.
Jim Sinegal, senior bank analyst at Morningstar, shares his views on the big week for bank earnings, Wells Fargo and more.
Auto debt recently eclipsed the $1 trillion mark but big banks are cranking out more and more auto loans.
Citigroup reports quarterly earnings and revenue that easily beat analysts' expectations.
Wells Fargo met earnings expectations, but missed slightly on revenue.
CNBC's Bob Pisani looks ahead at major banks including Citigroup, Wells Fargo and more.
These are the stocks posting the largest moves early Friday.
CNBC's Sara Eisen disccuses bank earnings with Paul Miller, FBR Capital Markets, and Gerard Cassidy, RBC Capital Markets banking analyst.
U.S. stock indexes futures traded higher Friday after better-than-expected retail sales.
Wall Street's biggest financials may post better results than expected this earnings season, as banks like JPMorgan Chase attempt to ramp up loans sales.
CNBC's Kayla Tausche breaks down the quarterly results for Citigroup and Wells Fargo.
NEW YORK— Citigroup's earnings fell 17 percent in the second quarter, hurt by weak results in consumer banking as interest rates remain extremely low, making lending less profitable. "These results demonstrate our ability to generate solid earnings in a challenging and volatile environment, again highlighting the resilience of our institution," said...