Big bank earnings kicked off last week with mixed results.
The good news: The wave of huge legal settlements resulting from the transgressions leading up to he financial crisis looks to be finally ebbing.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Big bank earnings kicked off last week with mixed results.
The good news: The wave of huge legal settlements resulting from the transgressions leading up to he financial crisis looks to be finally ebbing.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Big bank earnings kicked off last week with mixed results.
The good news: The wave of huge legal settlements resulting from the transgressions leading up to he financial crisis looks to be finally ebbing.
But now the big banks have other things to worry about...
By Diane Alter, Contributing Writer, Money Morning -
Bank of America Corp. (NYSE: BAC) reported Q2 earnings Wednesday that were dragged down by mounting litigation costs in addition to a decline in mortgage originations.
Second-quarter earnings from big banks have so far mostly surpassed estimates, but investor reactions have been mixed.