On Friday, JPMorgan's earnings report revealed that the bank's bond trading has been the largest cause of weakness in the bank's revenues.
The earnings report of JPMorgan Chase & Co published on Friday revealed that the consumer banking segment drove the surge of the bank's profits.
On Friday, Citigroup Inc reported better than forecast quarterly profits. Net income for the bank rose to $4.62 billion, which is $1.73 per share.
On Friday, JPMorgan Chase & Co published their quarterly profits. The bank's total income has increased by 24.5% to $8.38 billion, which is $2.34 per share.
On Friday, Reuters have reported an article revealing that there is a technological expansion boom occurring in Pittsburgh.
Tesla said on Friday that the orders for vehicles that had been placed before October 15 would be eligible for $7.5K worth full federal tax credit with a delivery to their customers by the year-end.
Wells Fargo reported on Friday its quarterly profit dropped bellow analysts' expectations, as a $13B fall in a new mortgage borrowing compensated the bank's attempts to reduce costs.
Facebook has removed dozens of accounts that belonged to Russia's database provider SocialDataHub over the alleged user data scraping, the social media platform stated.
On Friday, Citigroup posted a 12% surge in its quarterly profit, driven by the bank's lower expenses and growth in the Latin American consumer banking business.
SoftBank Group has picked five investment banks, such as Goldman Sachs and Nomura Holdings, to lead its mobile phone unit's initial public offering, sources reported.
Germany's automaker BMW is expecting the trade war between China and the United States could hit the next year's earning results of up to $579M, its CFO Nicolas Peter stated to Automobilwoche magazine.
Intel has cut its stake in the Netherlands-based supplier ASML Holding to below 3%, the Authority for Financial Markets reported on Friday.
On Friday, France's telecom operator Orange stated it had teamed up with Google over the transatlantic submarine cable project Dunant, connecting France and the United States.
Sabine Lautenschlaeger, who is an ECB board member, announced on Friday that the ECB has to take into account the stability risks that the ECB's policy has created.
UBS Group AG might become the first bank that holds the majority of ownership of its operations in China, as two partners are offering their stakes for sale.
Lloyds Banking Group has awarded £30B investment contract to the world's largest asset manager Blackrock, it announced on Friday.
The world's biggest steel producer ArcelorMittal is planning a sale of the company's steelmaking facilities in Macedonia, Romania, Italy and the Czech Republic to Liberty House.
Britain is planning to cut the hybrid vehicle subsidies, as the country aims to focus on the pure electric models, fueling industry trade body due to a sharp decline in auto sales in Europe.
The Dubai-based ENOC's subsidiary Dragon Oil is planning to invest around $500M in 2019 into gas and oil assets on the back of worldwide expansion strategy, its CEO stated.
WH Smith announced it would shut down six high street shops and one franchisee initiative in the company's revamp plan to deal with sliding consumer spending, sending its shares down over 8% on Thursday.
On Friday, the CEO of Air Transat stated that the partnership between Canada's carrier and the UK Thomas Cook's airline arm could expand and would include interlining and codesharing.
Blackstone Group is close to the £800M worth deal to acquire NEC Group, the UK live events business, according to a Sky News report published on Thursday.
According to report published by the General Administration of Customs, China's coal imports in September dropped by 12% or 25.14M tonnes, thus reaching the lowest number since May.
According to sources familiar with the matter, Tencent Music has decided to delay its initial public offering (IPO) in the United States at least until November in order to wait for markets stabilization.