Scandal ‘will hit bank earnings’

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 · Target says up to 70 million more customers were hit by December data breach. The company on Friday cut its fourth-quarter earnings forecast and said it.

US banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. results from both banks were significantly affected by the just-enacted US tax overhaul, boosting Wells and hitting JPMorgan.

Taking a break from the seemingly never-ending bad news on its massive fake account scandal. earnings early friday morning, once again opening its doors to the scrutiny of investors as it works to.

Denmark’s Danske Bank, caught up in a massive money laundering scandal, said Friday its 2018 earnings plunged nearly 30 percent and promised tighter controls to prevent any further regulatory lapses. Net profit came in at 15 billion kroner (2 billion euros) for the year, down 28 percent on 2017, but.

NEW YORK (AP) – Wells Fargo’s earnings slipped in the third quarter, the bank said Friday, as the banking giant started dealing with the aftermath of a sales practices scandal that has consumed it in.

US banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. Results from both banks were significantly affected by the just-enacted US tax overhaul, boosting Wells and hitting

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2 days ago. The bank reported second-quarter profit that beat forecasts, but lower net. “Last quarter, we said we expected net interest income to decline 2% to 5%. from its 2016 sales scandal that's since claimed the jobs of two CEOs.

 · Suruga Bank hit by new scandal involving loans and investors. By TOMOYA FUJITA/ Staff Writer. June 6, 2018 at 17:35 JST

HSBC bank on Monday took a $378 million (302 million euro) charge linked to allegations of foreign exchange market rigging, and posted mixed earnings for the third quarter. hsbc takes 8m hit for forex scandal

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