The Los Angeles Post
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Today: April 18, 2025
Today: April 18, 2025
Saeed Azhar

Saeed Azhar

Staff Writer

Latest From Saeed Azhar

Business|Economy|Finance|Stock Markets|US

BofA stock surges after boosting profit on trading gains, interest income

Bank of America topped estimates on Tuesday for first-quarter profit as interest income grew and volatile markets helped its stock traders

BofA stock surges after boosting profit on trading gains, interest income
Business|Economy|Finance|Stock Markets|US

Goldman Sachs profit beats estimates as traders ride volatile markets

Goldman Sachs beat first-quarter profit estimates as its traders capitalized on volatile markets to bring in record equities revenue, but the

Goldman Sachs profit beats estimates as traders ride volatile markets
Business|Economy|Finance|Stock Markets|US

US bank profits rise, but executives raise more tariff alarms

Executives at big U.S. banks warned on Friday of economic turbulence from tariffs that could weigh on economic growth, even as

US bank profits rise, but executives raise more tariff alarms
Business|Economy|Finance|US

Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth

Wells Fargo's profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO

Wells Fargo beats profit estimates but CEO warns tariffs could slow economic growth
Business|Economy|Finance|Stock Markets|US

Janus Henderson fund manager says investors should cut exposure to stocks as recession looms

Janus Henderson, which manages $379 billion in assets, is advising investors to cut stock holdings and buy more investment-grade sovereign bonds as tariffs threaten

Janus Henderson fund manager says investors should cut exposure to stocks as recession looms
Uncategorized

Wall Street's week of whiplash brought fear, relief and caution

Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy,

Wall Street's week of whiplash brought fear, relief and caution
Business|Economy|Finance|US

Bank of America mortgage applications jumped 80% in Q1, executive says

Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond

Bank of America mortgage applications jumped 80% in Q1, executive says
Business|Economy|Finance|Stock Markets|US

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters

Wall Street job cuts loom as market turmoil stalls deals
Business|Economy|Finance|Stock Markets|US

Wall Street bonuses jump 32% as total surges to record, NY comptroller says

Wall Street banker bonuses rose 31.5% to an average $244,700 last year as dealmaking rebounded, but the boom times may wane as economic uncertainty rises, New York

Wall Street bonuses jump 32% as total surges to record, NY comptroller says

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