Bloomberg reports that Credit Suisse posted its 5th straight profitable quarterly results Thursday. Net income came in at $1.92bn.
Morgan Stanley's first-quarter profits came in at $1.78bn, after very strong fixed income revenues.
Morgan Stanley reported income of $1.8bn Wednesday, or $1.03 per diluted share, from continuing operations applicable to Morgan Stanley for the first quarter ended March 31, 2010, compared with a loss of $17m, or $0.41 per diluted share, for the same period a year ago.
Never mind the merits of the SEC's fraud case against Goldman Sachs, the firm's decision to fight the accusations is a brave one - although some are describing it as reckless.
Despite Citigroup's improved performance, there were still some pretty angry shareholders at the company's annual meeting Tuesday.
The Wall Street Journal's 'Heard on the Street' column reports that senior Credit Suisse bankers, grounded by the ash which has stopped air traffic over much of Europe, are being forced to travel 15 hours in a coach if they need to make the journey from London to Zurich (or vice versa).
Here's a couple of comments former Lehman Brothers CEO Richard Fuld made to the US House Finances Committee Tuesday.
Here's a few more sound bites about the Goldman fraud charge saga.
Dow Jones Newswires reports that Charles Noski, Bank of America's new CFO, is to receive an annual comp package of some $8m, together with a $500,000 signing-on fee.