PNC Bank Revenue Growth Consolidating with BBVA and The Yield Curve

PNC Financial report third quarter earnings before the bell on Friday along with Goldman Sachs.  $PNC closed the BVA USA Bancshares acquisition June 1 and is the biggest driver of balance sheet growth this year. The Bank report after Citigroup, Bank of America, Wells Fargo, Morgan Stanley and JPMorgan

America’s Largest Bank By Assets JPMorgan Chase Kicks Off Earnings Season

JPMorgan Chase, America’s largest bank by assets report second quarter earnings Wednesday before the open. Last quarter  $JPM’s fixed income and equities markets revenue fell from red hot first quarter. Investment banking had a record quarter. Goldman Sachs  Bank of America, Citigroup, Blackrock, , Morgan Stanley PNC and Wells Fargo report later in the week.

PNC Bank Revenue Growth Reflecting BBVA Acquisition and Strong Organic Fee Growth

PNC Financial reported better than expected second quarter earnings before the bell on Wednesday. $PNC closed the BVA USA Bancshares acquisition June 1 and is the biggest driver of balance sheet growth this year. The Bank reported after Citigroup, Goldman Sachs, Citigroup, Wells Fargo  and JPMorgan

JPMorgan Earnings Boosted By Record Investment Banking Quarter

JPMorgan Chase, America’s largest bank by assets reported better than expected second quarter earnings Tuesday before the open. Revenue of $30.5 billion beat expected $29.75 billion. $JPM’s fixed income and equities markets revenue fell from red hot first quarter. Investment banking had a record quarter. Goldman Sachs also reported. Bank of America, Citigroup, PNC and Wells Fargo report Wednesday.

PNC Bank Earnings Beat Ahead of Completing BBVA USA Bancshares Acquisition

PNC Financial reported better than expected first quarter earnings before the bell on Friday. $PNC saw higher interest income and a rise in non-interest income,  The Bank reported after Citigroup, Goldman Sachs, Citigroup, Wells Fargo  and JPMorgan

JPMorgan Earnings Boosted By Trading and Release of Loan Loss Reserves

JPMorgan Chase, America’s largest bank reported better than expected first quarter earnings Wednesday before the open. Revenue of $33.12 billion exceeded expected $30.52 billion driven by the $JPM’s trading $1.8 billion more revenue than analysts had expected. Goldman Sachs,  and Wells Fargo also report Wednesday.

Big Banks JPMorgan, Goldman, Citi, PNC, Morgan Stanley and Wells Fargo Kick Off Earnings Season

Earnings kicks off with reports from the major banks names including Wells Fargo (WFC), Goldman Sachs (GS) and JPMorgan Chase & Co (JPM) on Wednesday. On Thursday Bank of America (BAC), BlackRock (BLK), and Citigroup (C) report. Morgan Stanley (MS) and PNC Group (PNC) report Friday.

JP Morgan launching a structured Cryptocurrency Exposure Basket Investment Product

JPMorgan on Tuesday filed a note with the SEC launching a structured investment product linked to the performance of its “Cryptocurrency Exposure Basket” which tracks stocks of publicly traded companies with exposure to cryptocurrencies. The aim is enable exposure to crypto for it’s clients. JPMorgan’s cryptocurrency basket is made of 11 unequally weighted stocks that are directly or indirectly related to cryptocurrencies or other digital assets. The minimum denomination for the new investment product is $1,000. The notes are expected … Continue reading “JP Morgan launching a structured Cryptocurrency Exposure Basket Investment Product”

PNC Bank Earnings Improve As It Hits Record Capital and Liquidity

PNC Financial reported better than expected fourth quarter earnings before the bell on Friday. $PNC saw higher interest income and a rise in non-interest income, reporting after Citigroup,  Wells Fargo $WFC and JPMorgan $JPM. The bank released around $254 million linked to the release of previous credit loan provisions;

JPMorgan Earnings Surge On Bond and Equity Trading Revenues

JPMorgan Chase, America’s largest bank reported better than expected Q4 earnings Friday before the open. $JPM investment-banking revenues rose 37% fueled by fixed-income revenues up 15% rise to $4 billion and equity revenues soaring 32% to $2 billion. Citgroup, PNC and Wells Fargo also reported Friday.