NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says
Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected
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Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected
Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading volumes and rate hikes that
Robinhood Markets' suite of new products, including its credit card and futures trading platform, will be crucial to drive growth as market fluctuations
Billionaire investor James Simons, the mathematician and Cold War code-
New York Community Bancorp's shares reversed course to trade down 4% as a deal to sell $5 billion of mortgage warehouse loans failed to assuage investors
The use of artificial intelligence (AI) could save Morgan Stanley's financial advisers between 10 and 15 hours a week, the bank's CEO Ted Pick
BlackRock could start offering indexes and exchange-traded funds (ETFs) for private markets, the asset manager said on Monday, after it announced a
Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset an $864 million writedown related to its
First Foundation shares slumped roughly 24% on Wednesday to their lowest since November after the Texas-based lender with a huge portfolio of multifamily
Some of the largest U.S. banks will probably report weaker profits for the second quarter as they earn less from interest payments and set aside
JPMorgan Chase beat estimates for second-quarter profit on Friday as a resurgence in dealmaking and strong capital markets fueled record results.
Goldman Sachs' profit more than doubled in the second quarter and beat analysts' estimates on strong debt underwriting and fixed-income trading,
Bank of America's second-quarter profit dropped as higher deposit costs pushed its interest income lower, but the results beat analysts' estimates, boosted
U.S. banks have boosted their provisions for credit losses as deteriorating commercial real estate (CRE) loans and high interest rates fuel
Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing
Hedge fund manager Bill Ackman said on Tuesday that is his new portfolio in the United States will raise roughly $2 billion in capital, a fraction
As PayPal embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over
The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday,
Charles Schwab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to
Robinhood's entry into futures trading this year could be met with some caution by retail traders if it charges a fee, J.P.
Investment bank B.
Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a
Bank of America has raised its minimum hourly wage in the United States to $24, it said on Tuesday.
Citigroup's chief accounting officer and controller Johnbull Okpara resigned to pursue another opportunity, effective Tuesday, the bank said in a filing