Big banks post big profits

Oct 13, 2023
The classic way banks make money rests on three words: net interest income.
Big banks JPMorgan Chase, Wells Fargo and Citigroup told investors they netted a combined $22 billion this past quarter.
Justin Sullivan/Getty Images

Bank earnings skid on edgy markets

Jan 15, 2019
JPMorgan Chase and Citigroup are reporting weaker than expected earnings this week. Market volatility may have contributed to this as clients shy away from trading, which is a big part of banks’ business these days. Click the audio player above to hear the full story.

Banks count their blessings in recovery

Oct 12, 2018
Three big banks posted their quarterly results Friday. And they were good. When you hear that profits at a bank like JPMorgan Chase were up almost 25 percent, you have to wonder: Why? Well, one reason is banks are making a lot more from you and me. Click the audio player above to hear the […]
Andrew Burton/Getty Images