All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instructions] Please note that today's call is ...
The overall health of the American consumer is generally strong, said Wells Fargo Chief Financial Officer Mike Santomassimo ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
However, the financial sector was one of the better performers, and American Express (NYSE: AXP) was up by as much as 5%.
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s ...