Stocks fluctuated as traders parsed results from big banks amid dwindling prospects for a pre-election stimulus deal. Wells Fargo & Co. slumped on a 56% plunge in profit, while Bank of America Corp. slid amid an increase in trading revenue that was just…

When China rolled out its own Nasdaq-style listings venue last year, the country’s regulators forced investment banks to buy stocks in the companies they took public. That unusual requirement for banks to eat their own cooking is now paying off…

Goldman Sachs Group Inc. third-quarter profit nearly doubled, the latest confirmation that, even in a pandemic and a recession, Wall Street can still make money.  Goldman reported a quarterly profit of $3.62 billion, or $9.68 a share, on revenue of $10.78 billion….

Here is what you need to know on Monday, October 12: The market sentiment remains buoyed by China’s fresh policy measures, deployed over the weekend, to curb the yuan appreciation while the country’s central bank set financial institutions free from the need…

CME Group’s preliminary readings for crude oil futures markets noted open interest shrunk for the fourth consecutive session on Friday, this time by more than 9K contracts. Volume reversed four straight builds and diminished by around 362.8K contracts. WTI meets…