Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Big bank earnings signal caution as revenues miss expectations

    by Jim Puzzanghera, Los Angeles Times Jan 15, 2019 3 minutes

    WASHINGTON - Two of the nation's largest banks on Tuesday reported mixed earnings results for the end of last year, a potential caution sign on the state of the economy heading into 2019.

    Wells Fargo & Co. and JPMorgan Chase & Co. both missed expectations on revenue for the October-through-December period. Wells Fargo's profit also fell slightly compared with a year earlier as the bank continued to deal with a cap on its assets put in place by federal regulators after a series of scandals - a restriction that is now expected

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times5 min read
    Climate Change Is Central To Both Pope Francis And California Gov. Newsom. But Do Catholic Voters Care?
    ROME — Democratic Gov. Gavin Newsom's speech on climate change at the Vatican this week gives him an opportunity to align himself and his party with Pope Francis, an influential figure among American Catholics and a leader in the fight against global
    Los Angeles Times2 min readCrime & Violence
    In Effort To 'Regain Public Trust,' LA County Announces 66 Probation Officers Put On Leave
    LOS ANGELES — The Los Angeles County Probation Department has announced that 66 officers have been put on administrative leave this year in a series of cases that include allegations of sexual misconduct and the use of excessive force. The announcem
    Los Angeles Times4 min read
    Doyle McManus: A Lesson From Presidents Biden And Trump — The New Normal Is Nonstop Crises
    A poll published by the Economist this month included a finding that was striking yet unsurprising: Almost 7 in 10 Americans believe things in the country have spun out of control. That's a problem for President Joe Biden, who campaigned in 2020 offe

    Related Books & Audiobooks