Bank of America meets expectations in 4th quarter; Net income falls at State Street
495704
Bank of America Corp. met Wall Street&#146;s earnings expectations for the fourth quarter even as it continued to mesh its business with that of FleetBoston, the company said.
539252
Barclays PLC, Britain's third-biggest bank, said Thursday it is on track to meet analyst expectations of a full-year profit before tax of 4.5 billion pounds (US&#36;8.5 billion, euro6.5 billion), despite a flat performance from its domestic retail banking business.
722276
Wall Street retreated after Bank of America missed analystsâ earnings expectations and provided further evidence of how the credit crisis has hurt the economy.
626217
U.S. Bancorp , the  sixth-largest U.S. bank, on Tuesday said fourth-quarter profit  fell 21 percent, hurt by losses from loans and money market  mutual funds, and a legal settlement.
62167
CHARLOTTE, N.C. -- Bank of America Corp., the nation's second-largest bank, said Thursday its profit fell 32 percent in the third quarter as capital markets losses offset solid revenue growth in most businesses.
307682
Bank of America Corp, the second-largest U.S. bank, posted a much larger-than-expected 32 percent drop in quarterly profit on Thursday, hurt by mounting credit losses and dismal investment banking results.
375816
Bank of America has an option to cut at least 4,500 jobs while reorganizing its structure. This is not the first time when the bank reduces jobs.
9417
Wachovia Corp , the  fourth-largest U.S. bank, on Tuesday said quarterly profit fell  a larger-than-expected 98 percent, hurt by write-downs relating  to turmoil in mortgage and credit markets.
492013
Bank of America Corp. , the No. 3 U.S. bank, on Tuesday said fourth-quarter profit rose 41 percent, helped by growth in consumer banking fees and its purchase of FleetBoston Financial Corp.
601290
Fourth-quarter profit at the Bank of New York Mellon declined 68 percent because of its exposure to assets backed by mortgages and a strong quarter a year ago, when the bank gained $1.4 billion after unloading its retail operations.
380777
If Bank of America wanted to make a good impression with customers in Massachusetts after buying Fleet Bank in the spring, it has done a poor job of it.
724246
Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, reported better than expected earnings for the fourth quarter.
209090
Bank of America sees quarterly profits slump 32%, harmed by credit losses and an investment banking slowdown.
10339
CHARLOTTE, NC -- Bank of America said Thursday it will cut about 4,500 jobs, or about 2.5 percent of its work force, beginning this month as a result of its merger with FleetBoston Financial Corp.
267588
Profit at No. 4 bank rises, but misses estimates as revenue from home loans tumbles 40 percent. NEW YORK  - Wells Fargo &amp; Co.
548769
Financial services company State Street Corp.  on Tuesday said quarterly profit fell more than Wall Street had expected as foreign exchange and securities lending revenue declined, and its shares fell 8.5 percent.
542791
While the bank predicted that it would make a profit in the fourth quarter, analysts were concerned about the likelihood of additional write-downs.