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Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses......»»

Wells Fargo & Co. posted stronger-than-expected profit and revenue for the first quarter, boosted by the release of $1.6 billion in its reserv.....»»

J.P. Morgan Chase & Co. reported record fourth-quarter net income of more than $12 billion, boosted by a reserve take down of ne.....»»

BNP Paribas set aside more than half a billion euros in loan provisions on Tuesday as the coronavirus crisis wiped out the French bank's revenue from equity derivatives trading and knocked a third off its first quarter profit......»»

BNP Paribas' profit fell by a third in the first quarter, as the coronavirus crisis hit equity trading and prompted the euro zone's biggest bank to set aside more than half a billion euros in loan provisions......»»

Profit at BNP Paribas fell by 33.1% in the first-quarter as the coronavirus crisis hit equity trading and prompted the eurozone's biggest bank to set aside more than half a billion euros in loan provisions......»»

Increased demand for groceries and products drove Amazon revenue higher than expected. But costs of hiring and improved.....»»

Standard Chartered PLC on Wednesday said it expects its main markets to lead global economic recovery from the COVID-19 crisis as early as later this year, striking an optimistic note after increased bad loan provisions squashed quarterly profit......»»

Standard Chartered PLC's first-quarter profit tumbled 12% on increased credit impairment and provisions for future loan losses as the coronavirus crisis hammered its borrowers, even as it expects an economic recovery later this year......»»

The lender, the most global of the U.S. banks, said net income fell to $2.52 billion, or $1.05 per share, in the first quarter......»»

JPMorgan Chase & Co's profit plunged by more than two-thirds in the first quarter as the largest U.S. bank put aside nearly $7 billion in reserves to protect it from a wave of potential loan defaults in the months ahead......»»

Wells Fargo & Co on Tuesday reported a plunge in first-quarter profit as the U.S. bank set aside nearly $4 billion to cover potential losses on loans to consumers and small businesses hurting due to the coronavirus outbreak......»»

JPMorgan Chase & Co's profit plunged by more than two-thirds in the first quarter as the largest U.S. bank put aside nearly $7 billion in reserves to protect it from a wave of potential loan defaults in the months ahead......»»

Wells Fargo & Co on Tuesday reported a plunge in first-quarter profit as the U.S. bank set aside billions of dollars to cover potential loan-losses from the coronavirus pandemic......»»

Shares of J.P. Morgan Chase & Co. rose 0.8% in premarket trading, after the banking giant reported first-quarter profit and revenue that missed expectations, hurt by the COVID-19 pandemic, but beat on net interest income and saw strong grow.....»»

JPMorgan Chase & Co reported a 68% slump in first-quarter profit on Tuesday as the coronavirus pandemic forced the largest U.S. bank to boost reserves to cushion it from a wave of potential loan defaults......»»

ABN Amro Bank said Wednesday that fourth-quarter net profit was unchanged after being hit by low interest rates and high loan impairments in specific sectors at Corporate and Institutional Banking......»»

Shares of Morgan Stanley surged 2.5% toward a 20-month high in premarket trading Thursday, after the investment bank and broker reported fourth-quarter profit and revenue that rose well above expectations. Net inc.....»»

PNC Financial Services Group Inc on Wednesday posted a better-than-expected fourth-quarter profit, driven by growth in its loan book......»»

Wells Fargo & Co reported a 55% slump in fourth-quarter profit on Tuesday, as the fallout from a sales scandal that erupted in 2016 drove the bank to set aside another $1.5 billion toward legal expenses......»»