News, Comment & Analysis results for Financial Results
Summary Of Third-Quarter 2022 Financial Results In Banking, Wealth Management
As a new cycle of results is about to start, here's a recap of the figures from major banking
Goldman Sachs Starts Job Cuts – Media
A report said that the US firm has started to shed thousands of jobs. The group's major business
IPO Volumes, Values Slumped In Q4 Amid Unfriendly Markets
The fall in the amount and value of IPOs has been significant this year. Over a longer term period,
Private Equity Big-Hitter KKR Posts Q3 Loss, But Fee-Based Earnings Rise
On one side of the ledger, expenses fell, and fee-based earnings grew. A slide in total investment
Citigroup Completes Thailand, Malaysia Retail Bank Sales
Under CEO Jane Fraser, the bank is embarked on a program to sell 14 retail banking arms around the
SEI's Net Income Slides On Voluntary Separation Program; Revenues Dip
The firm took a one-off charge from its program aimed at long-tenured employees which cost $57
Canadian Bank Creates New Wealth, Insurance Reporting Line
The results and importance of the wealth and insurance segments have become so important as to
Raymond James' Revenues Rise, AuM Dented
The firm has been busy with bringing more wealth management advisors into its network.
Embattled Credit Suisse Restructures, To Raise Capital; Posts Q3 Loss
The lender is slashing its risk exposures, pivoting to wealth management and trying to restore its
Profits Fall At HSBC, Hit By Impairment; North America Results Improve
An impairment linked to an agreed sale of a retail banking operation affected the bottom-line