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Banks' Profits Are Groing
WSJ's David Reilly stops by Mean Street to discuss U.S. banks finding themselves awash in cash at the highest levels since mid-2007, but are still unw...
May 24, 2012
Kabul Bank Fraud 'Profited Elite'
Afghanistan's failed Kabul Bank was involved in a fraud that funnelled almost $900m into the pockets of a small number of the political elite, an inde...
November 27, 2012
Lloyds Banking Group in Profit
Lloyds Banking Group has announced a profit of £2.1bn ($3.2bn) for the six months to the end of June, compared with a loss of £456m for the same perio...
August 01, 2013
Standard Chartered: China’s 7.5% Growth Ta...
Volatile emerging markets hurt Standard Chartered Bank's profits after growth tapers for the first time in a decade. The WSJ's Deborah Kan speaks to S...
March 06, 2014
Bank of America’s Profit Surges 63%, and M...
What’s News: Strong trading revenue boosts Bank of America’s quarterly profit. Federal Reserve Chairman Ben Bernanke says bond-buying plans are not ...
July 17, 2013
Profits Down, Bonuses Up at Barclays
Many thought banks were on the mend, and the time of big job cuts was over. Not so at British lender Barclays. It's expecting to axe 12,000 jobs thi...
February 11, 2014
Barclays Leads Profitable European Banking...
Description: U.K. bank Barclays PLC reported an improved performance at its revenue-generating investment banking although net profits fell at Deutsch...
April 26, 2012
UniCredit Cuts Jobs and Seeks $10.3bn Euro...
Italian bank UniCredit is to ask shareholders for 7.5 billion euros in new capital, cut 6,150 jobs worldwide and retreat from key business areas in a ...
November 14, 2011
Wells Fargo Posts a Record Profit for 2013...
Shares of Wells Fargo are slipping, despite reporting better-than-expected fourth-quarter earnings that helped the company end last year as the most p...
January 14, 2014
Financial Stocks Now Second-Biggest Sector...
Financial stocks are the second-biggest sector in the Standard & Poor's 500-stock index and are well on the way to overtaking technology as the bigges...
July 30, 2013
HuffPost Live Highlights
HSBC Weighs Possible Sale of Ping An Stake
HSBC is considering selling its stake in Chinese insurance company Ping An, in a deal that could net the U.K. bank a profit of $7.5 billion. The WSJ's...
November 19, 2012
Banks Threaten To Charge You For Saving Mo...
In an effort to protect their record profits, banks might soon charge you for the privilege of having a savings account.
November 26, 2013
HuffPost Live Highlights
Drink Of The Day: Burgundy Dreamsickle
No Bail For Mom, Dad Of Accused Shoplifting...
Man Brings Tiger To Bar; Now He Might Go To...
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