Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…
LONDON, Jan 30 (Reuters) - Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1, a move hailed by board member…
LONDON, Jan 27 (Reuters) - Shares of Rolls-Royce (RR.L) fell 4% on Friday after its new CEO warned staff that the aerospace company, Britain's premier blue-chip engineering group, was a…
Expects first quarter core earnings to be lower than last yearExpects to see the effect of cost savings from the second quarterCost savings to include downsizing -CFOGross margin fell to…
NEW YORK, Jan 17 (Reuters) - The financial fortunes of Wall Street investment banking titans have split, with Morgan Stanley (MS.N) enjoying higher wealth management revenue while Goldman Sachs (GS…
Jan 17 (Reuters) - Goldman Sachs Group Inc (GS.N) reported a bigger-than-expected 69% drop in fourth-quarter profit on Tuesday as it battled a drop in deals, lower revenue from the…
NEW YORK, Jan 17 (Reuters) - Wall Street banks saw deep declines in investment banking business in the fourth quarter, prompting thousands of job cuts, but executives are looking for…
Jan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced European companies to lay off or freeze hiring.Here are some of the companies that have…
NEW YORK, Jan 17 (Reuters) - Bond traders are once again stars on Wall Street.Fixed income, foreign exchange and commodities (FICC) traders bolstered bank profits last year despite weak markets.…
NEW YORK, Jan 13 (Reuters) - JPMorgan Chase & Co (JPM.N) and Bank of America Corp (BAC.N) have continued to recruit staff as the economy slows, even after the ranks…