Wells Fargo reported growing profits Friday as the bank benefited from higher interest rates, despite building up loan loss reserves. Here’s how Wells Fargo did in...
Year: 2023
In renaming ‘HBO Max,’ Warner Bros. Discovery hedges its bets in streaming
JB Perrette, President and CEO of Warner Bros. Discovery Global Streaming and Games, speaks onstage during a Warner Bros. Discovery Streaming Press Event on April 12,...
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
A sign for the European Central Bank (ECB) outside the bank’s headquarters in Frankfurt, Germany, on Thursday, Feb. 2, 2023. Alex Kraus | Bloomberg | Getty...
Citigroup shares rise after first-quarter revenue tops expectations
Citigroup reported rising net income and better-than-expected revenue for the first quarter, boosting its stock Friday even as the bank’s executives expressed caution about the path...