Bank of America Revenue Falls With Rates, Announces $2.9 billion Share Buyback

Bank of America reported better than expected fourth quarter earnings before the bell Tuesday and announced a $2.9 billion share buyback plan for Q1, the maximum allowed under Federal Reserve regulations. $BAC followed Citigroup $C JPMorgan Chase $JPM. Wells Fargo $WFC reporting

Citigroup Earnings Rise on Fixed Income, Currency and Commodities Trading

Citigroup posted better than expected results before the market with $C revenues from its fixed-income, currency and commodities trading division getting a boost from higher rates during the quarter. $C reported after other money center banks JPMorgan Chase $JPM, Wells Fargo $WFC.

Goldman Sachs Earnings Miss as Investment Banking Revenues Continue To Fall

Goldman Sachs, America’s largest investment bank reported worse than expected third quarter earnings before the bell Tuesday. $GS saw lower revenues in investment management and investment banking, partially offset by higher revenues in investing & lending.

Goldman Sachs Fixed Income, Currency and Commodities Trading Revenue Jump

Goldman Sachs, America’s largest investment bank reported better than expected second quarter earnings before the bell Tuesday. $GS equity trading revenue however was weaker than expected, not a positive in a rampant bull market.

Goldman Sachs Currency, Fixed Income & Commodities Trading Earnings Sink Further

Goldman Sachs America’s largest investment bank reported better than expected fourth quarter earnings before the bell  Wednesday. $GS saw a 50% jump in investment income but trading revenue conttinues to sink.

Bank of America $BAC Earnings Beat Despite Fixed Income & Commodities Losses

Bank of America $BAC,  America’s second-biggest bank by assets reported better than expected third quarter earnings before the bell on Friday ahead of Wells Fargo $WFC and PNC Financial $PNC. The stock was up premarket.