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 ...

Global banks’ precious metals trading revenues jumped 60% last year to a record of nearly US$4bn, according to data provider Coalition Greenwich. That came as concerns over tariffs, the value of the ...

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 ...

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 ...

NEW YORK (Reuters) -Global banks including top U.S. lenders are expected to report a 10% gain in markets revenue as traders cashed in on shifting U.S. tariff policies, according to estimates from ...

Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul. As markets whipsawed around U.S. President Donald ...

Last year, WatersTechnology spoke with eight senior technologists from eight different tier-one banks. Those interviews were conducted on background to get an honest understanding of the challenges ...

Bank of America (BAC) closed at $48.64 in the latest trading session, marking a -2.35% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.33%. On the other hand ...

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.