Wells Fargo Misses Profit Estimate on Higher Reserves, Scandal Costs
Wells Fargo reported a 50% decline in profit for the fourth quarter, missing analysts' estimates, as the bank racked up more than $3B in costs.
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Goldman Job Cuts Begin With Investment Banking, Global Markets Hit Hard - Source
Goldman Sachs began laying off staff in sweeping cost-cutting drive around third affected coming from investment banking and global markets division.
Jefferies Profit Slides as Wall Street Dealmaking Falters
Investment bank Jefferies Financial Group reported a 52.5% decline in fourth-quarter profit, hit by lower underwriting fees and volatile markets.
Delta Fixes a Key Passenger Pain Point (And the Solution Is Free)
The airline has found a way to make air travel a whole lot better (or at least less unpleasant).
Credit Suisse Nears Deal to Buy Michael Klein's Advisory Firm - Bloomberg News
Credit Suisse Group AG is close to an agreement to acquire former Citigroup executive Michael Klein's advisory boutique.
'Big Short' Investor Burry Attacks Software Giant Salesforce
The legendary investor says the stock market should have harshly punished the software group.
Tesla’s ‘Cinderella Ride’ is Over
Demand is ‘starting to crack,’ Wedbush’s Dan Ives says. Here’s what could come next.
