Barclays posts record annual profits
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Barclays, the nation's third-biggest bank, has said that net profit surged by 33 percent to a record 4.571 billion pounds in 2006, lifted by its investment banking arm.
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Morgan Stanley  on Wednesday said its second-quarter earnings rose 41 percent to a new record, beating expectations on higher trading and investment banking results.
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Goldman Sachs Group Inc. , the  largest investment bank by market value, said on Tuesday  quarterly earnings rose to a record, despite recent fears that  mortgage market woes and flagging stocks would hurt results.
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday its quarterly earnings rose to a record, trouncing expectations despite recent fears that mortgage market woes and flagging stocks would hurt results.
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Barclays, Britain&#39;s third-biggest bank, said annual profit for the year would be in line with expectations at Â£4.5 billion but its shares fell more than two per cent amid concern
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BARCLAYS, Britain&#39;s third-biggest bank, said that its full year profits would come in as expected, although costs have surged ahead of income because of acquisitions, labour costs and regulatory expenses.
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Barclays, the nation's third-biggest bank, said on Tuesday that net profits sank in 2007 owing to fallout from the US subprime housing crisis and the related global credit squeeze.
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HSBC reports record annual profits of $22bn, even as bad debt from its mortgage business in the US rose.
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Australia&#39;s biggest retailer, Coles Myer, hopes it has silenced its detractors by posting a record annual profit, which was above its own guidance and market expectations.
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Citigroup Inc., the nation's largest financial institution, reported record quarterly earnings on Thursday and said it was working to resolve outstanding legal and regulatory issues.
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Business & money: Biggest annual profits in British corporate history cause storm of protest from trade union leaders
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Citigroup Inc. , the largest U.S. bank, said on Friday that second-quarter profit rose, helped by record revenue and expense controls.
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LONDON -- HSBC Holdings PLC, Europe's largest bank by market value, reported Monday that profit rose 5 percent in 2006 despite losses in its mortgage operation in the United States that led to the removal of two senior executives.
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Business & money: Chief executive hails 'strong start' to the year, fuelled by a record performance from its investment banking arm.
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Oil giant faces new accusations of profiteering after reporting highest-ever annual profits by a UK company
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By Bradley Keoun  Morgan Stanley reported record third-quarter profit Wednesday as earnings from investment banking, brokerage services and credit cards, along with reduced compensation costs, helped the chief executive, John Mack, provide the biggest stock gains on Wall Street.
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NEW YORK - Charge and credit card giant American Express Company said it rung up record third quarter profits as consumers went on a shopping splurge and extended their borrowings.