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The Latest Breaking News on Financial Services

BNY Hits Record Revenue As CEO Says Growth Strategy Is Paying Off

The Bank of New York Mellon Corporation or BNY (NYSE:BK) reported third-quarter 2025 diluted EPS of $1.88 and adjusted diluted EPS of $1.91, beating the $1.77 estimate.

Benzinga

Two banks face new lawsuit alleging they did not report suspicious activity of convicted sex offender Jeffrey Epstein

A former victim known only as ‘Jane Doe’ has accused Bank of America and Bank of New York Mellon of ‘participating in and financially benefitting’ from Epstein’s empire of abuse

The Independent UK

Bank Of America Beats Q3 Expectations, Driven By Strong Fees, NII, Operational Efficiency: Analyst

Bank of America (NYSE:BAC) topped expectations in third-quarter of 2025, reporting EPS of $1.06 and core Pre-Provision Net Revenue (PPNR) of $10.9 billion.

Benzinga

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Westpac makes it harder for younger customers to earn advertised interest rates

Bank joins smaller competitors in changing interest-related restrictions on some accounts – despite RBA leaving interest rates unchanged in September

The Guardian - AU

PNC CEO Highlights Strong Capital And Growth Plans Despite Cautious Outlook

PNC Financial Services Group, Inc. (NYSE:PNC) announced third-quarter results that exceeded analyst expectations, driven by growth in both interest and noninterest income.

Benzinga

Bank Of America Sees Strong Q3 Investment Banking Fees, Net Interest Income Growth

Bank of America (NYSE:BAC) reported third-quarter fiscal 2025 financial results on Wednesday, and its stock gained after the report.

Benzinga

Banker bonuses to be paid faster after UK regulators loosen rules

Bank of England and Financial Conduct Authority reduce deferral period from eight years to four

The Guardian - UK

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Banking on the Unbanked: Vazgen Gevorkyan's View of Financial Inclusion as Strategy

In many markets, the unbanked weren't just overlooked; they were excluded entirely. Vazgen Gevorkyan saw this gap differently. His work in transforming Armenia's Evocabank was grounded in a simple question: what if banks became the cornerstone of access, not exclusion?

International Business Times

Strong Dealmaking Boosts Profits At US Banking Giants

Robust dealmaking activity and strong trading results helped boost US bank earnings Tuesday despite lingering worries about a softening job market and a potentially overvalued stock market.

International Business Times

JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures

Jamie Dimon expects further weak links in ‘shadow banking’ sector to be revealed after collapse of two US firms

The Guardian - UK

Bank Of America Q3 Preview: Warren Buffett Has Been Selling, Will The Company Beat Earnings Again?

Bank of America Corporation (NYSE:BAC) is one of several banks reporting quarterly financial results this week. Here's a look at key estimates from analysts ahead of third-quarter financial results on Wednesday, before market open and the key items to watch.

Benzinga

Wells Fargo Q3 Credit Performance Improves, CEO Calls US Economy Resilient

Wells Fargo Company (NYSE:WFC) reported a net interest income of $11.95 billion on Tuesday, up 2% year over year in the third quarter of 2025.

Benzinga

Citi Q3 Revenue Climbs To $22.1 Billion As AI, Digital Assets Drive Growth

Citigroup (NYSE:C) is showing that its sweeping overhaul is starting to pay off.

Benzinga

JPMorgan Kicks Off Bank Earnings With A Strong Beat: What You Need To Know

U.S. banks kicked off the third-quarter earnings season with a wave of upside surprises, as JPMorgan Chase Co. (NYSE:JPM), Goldman Sachs Group Inc. (NYSE:GS), Wells Fargo Co. (NYSE:WFC), and Citigroup Inc. (NYSE:C) all topped Wall Street expectations, signaling continued strength across lending, trading, and consumer banking.

Benzinga

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International Business Times

Everything We Know As JPMorgan Chase & Co. Releases Q3 Earnings Report

JPMorgan Chase & Co. (NYSE: JPM) delivered a robust third-quarter earnings report on Tuesday, handily beating Wall Street estimates on the back of strong performance in trading and investment banking, along with solid contributions from its consumer and commercial banking segments.

Benzinga

JPMorgan CEO Jamie Dimon Calls US Economy 'Resilient', But Warns Of 'Trade Uncertainty, Sticky Inflation'

JPMorgan Chase Co. (NYSE:JPM) reported third-quarter 2025 net income of $14.4 billion, or $5.07 per share, up 12% year over year, beating the $4.84 analyst estimate as sales of $47.12 billion topped expectations of $45.39 billion.

Benzinga

How To Earn $500 A Month From Bank of America Stock Ahead Of Q3 Earnings

Bank of America Corporation (NYSE:BAC) will release earnings results for the third quarter before the opening bell on Wednesday, Oct. 15.

International Business Times

Jamie Dimon Announces $1.5 Trillion JPMorgan Program to Reinforce America's Economic Security

Jamie Dimon announces JPMorgan's $1.5 trillion plan to boost U.S. economic and national security over the next decade.

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Axios

JPMorgan announces $1.5 trillion U.S. investment initiative

CEO Jamie Dimon says the move is about strategy and not about seeking favor with the administration.

Benzinga

USA Rare Earth, Critical Metals Stocks Explode—JPMorgan Adds Fuel To The Fire

Rare earth stocks continued a remarkable rally on Monday following geopolitical developments and major investment pledges, including a $1.5 trillion initiative from the largest bank in the country, JPMorgan Chase Co. (NYSE:JPM).

The Independent UK

JPMorgan to invest up to $10 billion in US companies with crucial ties to national security

JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security

Latin Times

U.S.-Sanctioned Mexican Bank Begins Liquidation After Having License Revoked

On Oct. 10, Mexico's Bank Savings Protection Institute (IPAB) announced that CIBanco's license was revoked due to suspected money laundering linked to drug trafficking, as alleged by U.S. authorities in June.

Evening Standard

Lloyds challenges car loan compensation bill as it warns of £2bn hit

The high street banking giant raised concerns about the Financial Conduct Authority’s calculations for how much consumers lost out.

The Guardian - UK

Lloyds warns motor finance scandal could cost it nearly £2bn as bill rises

Banking group puts aside extra £800m for compensation claims amid potential for more ‘historical cases’

Evening Standard

Lloyds lifts motor finance provision to almost £2 billion

Lloyds, the biggest player in the motor finance sector through its Black Horse division, had already put aside £1.15 billion

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