Browsing: quarter

UPDATE: This article includes an interview with Ally CFO Russ Hutchinson, another with Truist analyst Brian Foran, and quotes from Ally’s second quarter earnings call.Ally Financial…

UPDATE: This story now includes quotes from M&T’s chief financial officer and commentary from an analyst who covers the bank.M&T Bank outperformed second-quarter expectations, driven by…

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesKlarna saw its losses…

Georgijevic | E+ | Getty ImagesIf you’re scrambling to file your taxes, you could miss another key due date on April 15: the first-quarter estimated tax…

Bank of New York Mellon enjoyed a record quarter at the start of 2025 but remained watchful as the tumult over President Donald Trump’s trade policies…

Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management’s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall…

Mergers and acquisitions in the financial industry are anticipated to increase in 2025, according to research released by American Banker.Of the 212 executives at banks, fintechs…

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…

If you’ve scanned the headlines lately, you probably saw that mortgage rates went up yet again.And they did so despite another Fed rate cut, which has…

WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with…