UBS Profits Up Despite Regulatory Fines: Q2 Earnings
UBS profit beat estimates despite muted client activity and charges resulting from litigation and regulatory matters.
Fines Eat Into LPL's Q2 Earnings
LPL Financial's net income fell 4.4% from a year ago, mostly related to unforeseen regulatory costs.
Ameriprise Profits Up 24% on Wealth, Asset Management: Q2 Earnings
Ameriprise Financial reported a second quarter 2014 net income of $374 million, up 24% from a year ago.
TD Ameritrade Trading Down, Profits Up: Q2 Earnings
TD Ameritrade quarterly earnings rose 21% from a year ago while trading "went a little south."
Morgan Stanley Beats Estimates on Smaller Drop in Fixed Income: Q2 Earnings
Morgan Stanley saw a smaller drop in second-quarter fixed income trading revenue than Citigroup or JPMorgan.
Schwab Profit Up 27%: Q2 Earnings
Schwab reports more than $1 trillion in client assets managed by indie advisors.
JPMorgan, Goldman Beat Estimates: Q2 Earnings
Bond trading revenue fell at both banks, though less than expected, but CEO Jamie Dimon's health issues overshadowed JPMorgan's results.
Citigroup Profit Falls 96% on Costs to End Mortgage-Bond Probe
The third-biggest U.S. bank, said second-quarter profit tumbled 96% on $3.7 billion in costs tied to a mortgage-bond settlement with U.S. authorities.
Wells Fargo Profit Up Nearly 4%: Q2 Earnings
Meanwhile, net income of Wells Fargo's Wealth, Brokerage and Retirement unit rose 25% year over year.