Browsing: profits

Unlock the Editor’s Digest for freeStarling Bank’s profits fell by more than a quarter last year as the digital bank set aside £28mn to cover potential…

The app icons for Revolut and Monzo displayed on a smartphone.Betty Laura Zapata | Bloomberg via Getty ImagesFinancial technology firms were initially the biggest losers of…

David Paul Morris/Bloomberg Nearly every financial institution has been evaluating generative AI, and Affirm is no exception. CEO Max Levchin teased the buy now/pay later lender’s plans…

Akos Stiller/Bloomberg via Getty ImagesGold returns are shining — but investors holding gold exchange-traded funds may get hit with an unexpectedly high tax bill on their…

MichaelVi – stock.adobe.com LendingClub Corp.’s earnings fell short of Wall Street’s expectations in the first quarter, thanks in large part to increased provisions because of what…

BROOKLYN, NEW YORK – MARCH 28: Shoppers wearing a surgical masks look at a prepared meals at a … More Trader Joes in Brooklyn, New York…

Bethesda, Maryland-based Eagle Bancorp’s office portfolio is under stress, and the company’s outsized provision for loan losses crimped first-quarter profit. Vincent Mundy/Bloomberg While Eagle Bancorp in…

A cryptocurrency whale took a high-stakes bet on Bitcoin and Ethereum just before President Donald … [+] Trump announced the creation of a strategic crypto reserve.getty…

Single-stock ETFs: How to earn even bigger profits on Magnificent 7 stocks Source link

First Citizens BancShares’ profits surged in the fourth quarter, reflecting both a large upswing in fee income and a reduction in credit-loss provisions.The $200 billion-asset parent…