Bank profits in a recession

Did you know that the Prophet Mohammed was a caravan trader? He helped arrange convoys of thousands of camels carrying valuable goods across the Arabian desert. And he put his commercial nous to good use. Not only did he found one of the world’s great religions, but also a model ...  Show more

The 1873 Gründerkrach, the spectacular stock market crash that followed Germany’s unification, is one of history’s great financial maelstroms. But its most enduring legacy isn’t about money. Host Robin Wigglesworth speaks to Pulitzer Prize-winning author Liaquat Ahamed about how ...  Show more

Bank earnings show strong trading revenue amid big swings. (0:16) HPE draws activist interest. (2:20) Fund managers have never been so worried about one outcome. (5:01)   Show Notes What history shows us about tariffs and earnings Episode transcripts: seekingalpha.com/wsb   Sign ...  Show more

Bloomberg News Finance Reporter Shubham Saharan explains that the biggest U.S. banks are poised to report a double-digit increase in trading, the result of big market swings. Bloomberg Businessweek Editor Joel Weber and Businessweek Technology Editor Joshua Brustein share the det ...  Show more

P.M. Edition for Oct. 14. Major banks including Goldman Sachs and JPMorgan Chase exceeded third-quarter profit and revenue forecasts. WSJ banking and finance reporter Alexander Saeedy unpacks the results. Plus, WSJ’s Peter Grant explains why New York City’s office market is outpa ...  Show more

Equities fluctuated on mixed US–China trade signals and a speech by the US Federal Reserve Chair, which suggested that the central bank may be ready to halt balance sheet reduction. This boosted small-cap stocks and non-technology sectors, while robust bank earnings added momentu ...  Show more