Profits jump at China's top bank
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ICBC sees profits jump 18% in 2004, helping it write off bad loans and pave the way for a state bailout.
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Goldman Sachs Group Inc. , the world's most profitable investment bank, said on Tuesday quarterly earnings nearly doubled on strong growth in almost every business.
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NEW YORK -- Citigroup Inc., the biggest U.S. bank, said Friday its second-quarter profit rose 18 percent after pulling in record revenues, driven largely by strength in overseas operations.
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Citigroup Inc. , the world&#039;s  largest bank by market value, on Monday said second-quarter  profit rose, helped by growth in corporate and investment  banking.
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Three of the biggest U.S. banks, led by Bank of America Corp., reported record quarterly profits on Tuesday as consumers and companies borrowed more and credit quality improved.
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The Anglo-Australian mining giant unveils record profits of $3.4bn, helped by soaring demand from China.
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The firm is bringing its style of banking to new high-growth markets.
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By STAN CHOE  NEW YORK - Investment banking firm Morgan Stanley on Wednesday said its third-quarter profit surged on stronger investment-banking and trading business, surpassing analysts' expectations.
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China's central bank on Thursday raised interest rates for the first time in nearly a decade in a surprise move that was the boldest so far aimed at guiding a heated economy onto a path of slower growth.
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Bank of America Corp. , the second-largest U.S. bank, on Thursday said quarterly profit rose 5 percent as gains from equity investments helped offset soaring credit losses and lower earnings in its main business of retail banking.
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Deutsche Bank unveils a 33% rise in annual profits, driven by investment banking and a strong rise in trading income.
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China&#39;s largest cell phone service provider, China Mobile (Hong Kong) Ltd., reported a 7.8 percent jump in first-half profits Wednesday as its number of subscribers rose by 23 percent.
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Growth in Chinese industrial output picked up last month, boosted by strong export demand, figures show.
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JPMorgan Chase & Co. on Wednesday said its profit jumped 20 percent in the second quarter, as the nation's third-largest bank benefited from a surge in investment banking fees.
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Shares of China Merchant Bank surge as much as 30% on their first day of trading in Hong Kong.
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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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Alibaba.com, operator of China's largest online trading site for companies, almost tripled on its first day of trading after its initial public offering in Hong Kong, making the stock four times more expensive than Google relative to earnings.