Browsing: earnings

Cameron Bready, CEO of Global Payments Global Payments contends its restructuring is showing signs of progress, but noted the benefits will become more apparent in the…

Chris Ratcliffe | Bloomberg | Getty ImagesShares of British bank Barclays sank in early Thursday trade, after the lender’s forward guidance failed to impress despite its…

Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of…

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income.Net…

This news is developing. Please check back here for updates. PayPal CEO Alex Chriss has said it would take time for the company’s technology-focused strategy shift to…

UBS shares lost ground after the lender’s fourth-quarter results and up to $3 billion share buyback plans failed to impress.Switzerland’s largest bank on Tuesday reported net…

UPDATE: This article includes executive and analyst commentary. Visa’s diversification strategy includes a push to gain a larger share of business with large technology companies, a…

Brian Moynihan, CEO of Bank of America, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici…

UPDATE: This article includes comments made during Citi’s earnings call.Citigroup CEO Jane Fraser made her feelings about expenses crystal clear on Wednesday: The megabank, which has…

Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates on the top and bottom lines, reflecting broad strength across the bank.”2024 was a critical year and…