The payment of more interest on deposits hurts the bottom line of large US banks
The profit of the six main entities falls 3% in the first quarter despite the improvement in the investment banking business
The profit of the six main entities falls 3% in the first quarter despite the improvement in the investment banking business
JPMorgan, Bank of America, Wells Fargo, Citi and Goldman Sachs earn 20% more in the third quarter of the year
The effort seeks to stop the California-based bank from becoming the third bank to fail in less than a week. Shares of First Republic had fallen sharply this week, dropping 60% on Monday alone
The electric car company has lost more than 70% of its value on the stock market and analysts doubt that it can maintain its market share in the long term