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Goldman Profit Hit By Weaker Bond Trading, Investment Banking

Business & Finance : Business Insider: Money Game

(Reuters) - Goldman Sachs Group Inc reported a 7 percent drop in quarterly profit as investment banking revenue slid and an unexpected bout of market volatility in December hit revenue in its business that trades bonds, currencies a...

Bank of America Posts $2.5 Billion Profit, Beating Estimates

Business & Finance : DealBook

The bank, the second-largest in the United States after JPMorgan Chase, swung to a profit in the second quarter, helped by lower expenses and better results in its mortgage business.

Goldman Sachs profit doubles

Business & Finance : Business Report

Goldman Sachs said quarterly profit doubled, beating Wall Street estimates, boosted by returns from investing the bank's own money. ||| Goldman Sachs Group Inc said on Tuesday quarterly profit doubled, beating Wall Street estimates,...

After Mortgage Settlements, Bank of America's Profit Drops 63%

Business & Finance : DealBook

Bank of America on Thursday reported a widely expected 63 percent drop in fourth-quarter profit after settling legal claims over its mortgage business. The bank earned 3 cents a share, narrowly beating estimates.

Bank Of America: From Loss To Profit Thanks To Mark-To-Unicorn

Business & Finance : Zero Hedge

Earlier today, Bank of America surprised the market with its n-th consecutive profit beat in many quarters. Ironically that same profit, of $4,012 MM to be precise, should have been a loss of $221 MM. Why wasn't it? Because in early...


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