U.S.-Based Wells Fargo Banker Blocked From Leaving China
Chinese authorities have placed an exit ban on a China-born executive after she entered the country recently. The bank has suspended travel to China.
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Travelers Stock Is Rising as the Insurer Smashes Earnings Expectations
The property and casualty insurer reports core earnings of $6.51 a share for the second quarter.
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U.S. Bancorp Quarterly Earnings Rise as Loan-Loss Provision Falls
U.S. Bancorp notched a rise in earnings for the latest quarter as it benefited from a lower loan-loss provision and growth in fee income.
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Big Banks Are Spinning Market Chaos Into Gold
Jittery markets are swelling trading revenue and profit, prompting banks to put more money to work on Wall Street.
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Crypto Bills in Limbo After House Vote Stalls. What’s Next.
Crypto prices had recovered but GOP lawmakers were at an impasse on crypto legislation despite President Trump’s “crypto week” declaration.
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Bank CEOs Are Coming Out Fighting for Fed Independence
David Solomon, Brian Moynihan and Jane Fraser speak out, joining defenders of the U.S. central bank.
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Financial Services Roundup: Market Talk
Find insight on Goldman Sachs, Bank of America, Wise PLC and more in the latest Market Talks covering Financial Services.
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Banks’ Wealth Management Units Ride Market Rebound in Second Quarter
Assets under management at some of the nation’s largest wealth management businesses are up, but net new assets for the second quarter tell a more nuanced story.
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Goldman Sachs Profit Surges on Higher Trading Revenue
The bank led a broad surge in trading revenue across Wall Street in the second quarter, fueled by market volatility set off by President Trump’s tariffs.
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Barclays Fined $56 Million for Money-Laundering Failures
The U.K. bank has been fined for lapses in dealings with risky customers, including a client tied to one of Britain’s biggest money-laundering cases.
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Morgan Stanley Profit Rises on Trading Boost
Morgan Stanley’s second-quarter profit rose, buoyed by a surge in its trading business during tariff-related market turmoil.
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Linqto Investor Alleges Company Manufactured Texas Venue for Bankruptcy Case
The California-based, Delaware-registered company faces a challenge to its bankruptcy filing in Houston.
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Bank of America Reports Increase in Second-Quarter Profit
Bank of America’s profit increase in the second quarter of 2025, which the bank chalked up to a healthy economy.
(END) Dow Jones Newswires
July 17, 2025 11:15 ET (15:15 GMT)
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