All articles by Joshi Kalyan
Joshi Kalyan
HSBC reports 28% increase in pre-tax profit for Q3
Adjusted pre-tax profit of $6.2bn, excluding the impact of foreign currency translation differences and movements in significant items, was 16%…
Wells Fargo’s Q3 net income increases 32% to $6bn
Wells Fargo net income applicable to common stock was $5.45bn, compared to $4.13bn reported in Q3 2017. Revenue increased slightly…
Mastercard, Visa and others to pay $900m more to settle US merchant litigation
In the class-action lawsuit, which was filed in 2005, merchants alleged that credit-card fees and card-acceptance rules set by card…
Bank of America Q2 net income surges 33% to $6.8bn
Revenue, net of interest expense, decreased 1% to $22.6bn, compared to $22.8bn reported in the year-ago period’s quarter. Net interest…
UK’s FCA proposes enhancements to investment platforms
The regulatory body said with £500bn of assets under management, the investment platforms market has nearly doubled in size since…
