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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

Citigroup posts Q3 net loss of $US3.2bn

Business Spectator | 39 days 21 hours 7 minutes ago

By Dan Wilchins of Reuters NEW YORK -- Citigroup Inc posted a quarterly per-share loss as it suffered $US8 billion of credit losses, raising......

Read the complete story at Business Spectator

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  • JPMorgan $3.6 billion profit sets bar high for rivals

    Reuters - 41 days 4 hours 24 minutes ago

    By Elinor Comlay NEW YORK (Reuters) - JPMorgan Chase & Co's (JPM.N) robust $3.6 billion quarterly profit could prove a tough act for rivals to...

  • Goldman profit quadruples on trading gains

    Reuters - 40 days 4 hours 17 minutes ago

    By Steve Eder and Paritosh Bansal NEW YORK (Reuters) - Goldman Sachs Group Inc quarterly earnings nearly quadrupled, topping expectations, but its...

  • Goldman Sachs reports better-than expected Q3 profit

    Business Spectator - 40 days 2 hours 8 minutes ago

    By Steve Eder of Reuters NEW YORK -- Goldman Sachs Group Inc quarterly earnings nearly quadrupled, topping expectations, but its shares fell on...

  • JPMorgan profit soars

    The Australian - 40 days 20 hours 15 minutes ago

    JPMORGAN Chase's third-quarter earnings soared as strong investment banking results offset another big provision for loan losses. The $US2 billion...

 

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