Banks

The company’s digital advice service is gaining traction with customers.

Switzerland’s largest bank is striving to grow its business in the U.S., where it operates a large wealth management unit serving high-net-worth and ultrahigh-net-worth clients.

The deal expands Huntington Bancshares’ presence in Texas and the South.

Some analysts are avoiding the European bank sector’s better known large-cap names. Instead, they are looking at KBC Group or Erste Group.

The Wells Fargo analyst says the payment was awarded before shareholders have seen significant stock-price appreciation.

The shares have recovered on Thursday, but remain far from recouping their large losses.

Peter Orszag spoke with reporters as the firm disclosed its financial results.

The company’s fiscal fourth-quarter results beat Wall Street estimates, and Raymond James’ client assets under administration reached a record $1.73 trillion.

The credit scare may not be over yet.

The stock was on pace for its biggest single-day decline since April 4.

The wealth management and investment banking company said client assets reached a record $544 billion.

The bank breezes past earnings expectations and announces up to $16 billion in stock buybacks.

The regional lender previously disclosed that it is suing a borrower for alleged fraud.

General Motors rises sharply after posting better-than-expected third-quarter earnings, while Warner Bros. begins a review of strategic alternatives, including a sale of the entertainment company.

Last week, the regional lender disclosed a $50 million charge, which was related to an internal investigation that identified “apparent misrepresentations” by two borrowers.

Apple stock rises after analysts at Loop Capital boost their rating on the iPhone maker to Buy from Hold, while Nvidia unveils the first Blackwell wafer made in the U.S. with a chip produced by Taiwan Semiconductor Manufacturing.

Zions Bancorp trades higher following a drop of 13% in the previous session on bank loan worries, while American Express rises after posting better-than-expected earnings.

Despite signs of nascent problems in the credit market, the S&P 500 shows it’s as resilient as a ‘cockroach.’

The risk from private credit lis overblown. Investors should think hard about scooping up the bank ETF and Bank of America.

The investment bank’s exposure to First Brands ‘is in reality very limited,’ say Oppenheimer analysts.

LPL Financial stock is trading at a discount to competitors and Morningstar thinks the stock can soar.

Net interest income declined slightly in the third quarter, while analysts had expected it to rise.

Baird upgrades Zions Bancorp stock to Outperform from Neutral amid selloff.

President Donald Trump’s suggestion of a trade truce between Washington and Beijing is offsetting worry over credit quality at regional banks.