Wellness

What you need to know on Wall Street today

6 days ago   |   By

Thomson Reuters Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
Bank of America Merrill Lynch and Wells Fargo beat Wall Street estimates for third-quarter earnings Friday.
BAML reported earnings of $0.48 per share, even with the second quarter, beating analysts estimates of $0.46. Investment banking fees increased 1% to $1.5 billion, the best third-quarter performance since Bank of America acquired Merrill Lynch .
Wells Fargo delivered adjusted earnings of $1.04...
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Cryptocurrencies are 'in the 3rd inning' - and Wall Street is just getting started

Cryptocurrencies are 'in the 3rd inning' - and Wall Street is just getting started

7 days ago   |   By

Reuters/Brian Snyder The rapid rise of bitcoin, the red-hot cryptocurrency up more than 400% this year, has Wall Street abuzz.
Still, despite its meteoric rise, bitcoin by many measures is still in its very early days. Bitcoin and other cryptocurrencies are used, for instance, by a very small percentage of people and institutions are just starting to look at building out a sophisticated market around the space.
"We are in the third inning of a burgeoning new asset class," said BlockTower Capital cofounder Matthew Goetz in a recent interview with Business Insider.
Credit Suisse agrees with...
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Republicans' process for passing tax reform looks strikingly similar to...

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WATCH: Trump's phone call with the widow of fallen Special Forces soldier

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The race to create a self-driving taxi fleet just took a bizarre turn with a...

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Gold Star families are coming out en masse and disputing Trump's claims amid...

Gold Star families are coming out en masse and disputing Trump's claims amid his latest controversy

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