Rebecca Ungarino

New York

Wall Street Reporter at Barron's

wall street reporter @barronsonline, former @businessinsider/@insiderunion, @mindsmatternyc advisor, @baruchcollege alum, lifelong new yorker

Articles

Big Banks See a Trading Bonanza. Can It Last?

5 days ago | barrons.com | Rebecca Ungarino

At the start of Morgan Stanley’s first-quarter earnings call this month, CEO Ted Pick made two immediate points: He highlighted the $94 billion in assets the bank’s wealth managers pulled in for the quarter, and record revenue notched by his equities traders.
Capital One’s $35 Billion Discover Takeover Gets Regulator’s Conditional Approval

6 days ago | barrons.com | Rebecca Ungarino

Two top U.S. banking regulators on Friday approved Capital One $35.3 billion all-stock bid to buy Discover Financial Services, clearing the final regulatory requirements the two companies needed to close the merger and create the sixth-largest U.S. bank. The Office of the Comptroller of the Currency and the Federal Reserve Board, which oversee U.S. lenders, said that they had approved the proposed deal that was announced in February 2024.
Big Banks See a Trading Bonanza. Can It Last?

6 days ago | barrons.com | Rebecca Ungarino

At the start of Morgan Stanley’s first-quarter earnings call this month, CEO Ted Pick made two immediate points: He highlighted the $94 billion in assets the bank’s wealth managers pulled in for the quarter, and record revenue notched by his equities traders. Pick embodies Morgan Stanley’s equities business, which turned in $4.1 billion in revenue during the quarter.
American Express Profit Rises 6% as Cardholders’ Spending Increases. Stock Falls.

1 week ago | barrons.com | Rebecca Ungarino

Skip to Main ContentSkip to SearchAmerican Express Earnings Show, Once Again, Spending Is Up Among WealthyUpdated April 17, 2025, 10:18 am EDT / Original April 17, 2025, 7:05 am EDTIn this articleAmerican Express reported a first-quarter profit that rose 6% from a year ago, topping analysts’ forecasts, as the credit card company’s affluent customers increased spending.
Goldman Sachs Stock Jumps on Earnings

1 week ago | barrons.com | Rebecca Ungarino

Skip to Main ContentSkip to SearchGoldman Sachs’ Profit Rises 15% and Tops Expectations as Trading SurgesApril 14, 2025, 7:39 am EDTIn this articleGoldman Sachs GS+2.32% reported first-quarter profit that beat analysts’ expectations as tumultuous markets proved a double-edged sword: The bank’s trading business boomed, benefiting from market swings, while revenue from investment bankers’ advisory work declined.
Goldman Sachs’ Profit Rises 15% and Tops Expectations as Trading Surges

1 week ago | barrons.com | Rebecca Ungarino

Goldman Sachs reported first-quarter profit that beat analysts’ expectations as tumultuous markets proved a double-edged sword: The bank’s trading business boomed, benefiting from market swings, while revenue from investment bankers’ advisory work declined. New York-based Goldman reported $4.74 billion of profit, or earnings per share of $14.12, on revenue of $15.06 billion in the first quarter.
Crypto Bank Anchorage Probed by U.S. Homeland Security

1 week ago | barrons.com | Rebecca Ungarino

Skip to Main ContentSkip to SearchCrypto Bank Anchorage Probed by U.S. Homeland SecurityApril 14, 2025, 11:07 am EDTA group within the U.S. Department of Homeland Security that combats money laundering and other financial crimes has launched an inquiry into cryptocurrency company Anchorage Digital Bank, a Wall Street-backed startup that has been a strong supporter of President Donald Trump’s agenda on digital assets.
If Wall Street CEOs See a Recession, Their Guidance Isn’t Showing It. Yet.

1 week ago | barrons.com | Rebecca Ungarino |Andrew Welsch

“Turbulence.” “Continued volatility and uncertainty.” “Beyond anything I could have imagined.”Wall Street chief executives’ cautious-to-downbeat remarks about the economy on Friday stood in contrast with their firms’ first-quarter showings and their outlooks for the rest of the year. JPMorgan Chase, Wells Fargo, and Morgan Stanley reported solid earnings results, while BlackRock posted another quarter of record assets.
If Wall Street CEOs See a Recession, Their Guidance Isn’t Showing It. Yet.

1 week ago | barrons.com | Rebecca Ungarino |Andrew Welsch

Skip to Main ContentSkip to SearchIf Wall Street CEOs See a Recession, Their Guidance Isn’t Showing It—YetUpdated April 13, 2025, 10:18 am EDT / Original April 13, 2025, 1:00 am EDTIn this article“Turbulence.” “Continued volatility and uncertainty.” “Beyond anything I could have imagined.”
Restive Employees Amid Record Profits

1 month ago | msn.com | Rebecca Ungarino

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