Shares of Wells Fargo rose 3.9% after the San Francisco bank’s fourth-quarter profit of $1.43 a share beat expectations of $1.35. Net interest income, a key metric for banks, fe

Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year, sending shares up 6%.

In a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report). The

Wells Fargo has shifted its focus from home mortgages to credit cards, which are increasingly popular for payments as well as lending.

JPMorgan Chase reported fourth-quarter results Wednesday that came in above analysts' expectations as investment banking fees rose.

Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."

JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the U.S. economy remains "resilient" but he remains wary of inflation and uncertain geopolitics. "Unemployment remains relatively low, and consumer spending stayed healthy,

JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall appeared to exude “animal spirits.”

JPM and WFC are preparing to release their Q4 earnings, with strong bullish momentum for JPM and cautionary signals for WFC. Analysts forecast positive results for JPM, while WFC may experience a minor pullback.

OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.

Will banks, post offices and shipping services be open on MLK Day? Here's what you need to know for Monday, Jan. 20.