• Wall Street's five-day rally stumbles ahead of earnings

    5 monthes ago - By Reuters

    Falling energy shares late on Friday jeopardized continuation of Wall Street's five-session rally as investors looked ahead to earnings season, which will kick off with Citigroup, JPMorgan and other big banks next week.
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  • Bad news for Wall Street: Ocasio-Cortez reportedly in line for banking post

    5 monthes ago - By ETF Daily News

    From Jeff Cox :
    Freshman Rep. Alexandria Ocasio-Cortez is in line to be appointed to the House Financial Services Committee, according to a Politico report.
    The New York democratic socialist would be a thorn in the side of Wall Street, which has seen its regulatory burden lowered since Donald Trump became president.
    Ocasio-Cortez also could be an important ally for committee Chairwoman Maxine Waters.
    Big banks could be about to get a high-profile enemy in a very powerful place.
    Freshman Rep. Alexandria Ocasio-Cortez, who is a registered Democrat but identifies as a democratic socialist, is...
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  • Wall Street's five-day rally falters ahead of earnings

    5 monthes ago - By Reuters

    U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week.
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  • The Week Ahead: Beyond banking profits

    The Week Ahead: Beyond banking profits

    5 monthes ago - By Stl Today

    Few long-term investors want to relive the last three months of 2018, but they will in the week ahead. Quarterly earnings season begins in earnest with more than a half-dozen big banks, like Wells Fargo, Bank of America and JPMorgan...
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  • Wall Street is bracing for an ugly earnings season - here's a breakdown of where banks are going to feel the pain

    Wall Street is bracing for an ugly earnings season - here's a breakdown of where banks are going to feel the pain

    5 monthes ago - By Business Insider

    Big banks are expected to report painful fourth-quarter results following a dreadful December.
    It's a mixed bag between business lines, but investment banking revenues are expected to fall by 17% and trading revenues by 2.6%, according to Keefe, Bruyette, and Woods.
    We've got a breakdown of which business lines are bracing for the worst.
    The stock market turmoil at the end of 2018 has taken a wrecking ball to Wall Street's fourth-quarter results.
    The worst December stock-market performance since the Great Depression has big banks - whose shares fell 18% during the last quarter - bracing...
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