Entertainment: Quarterly numbers: JP Morgan and Goldman Sachs Surprisingly strong numbers

After the agreement of OPEC and OPEC +: This is what experts now for oil prices

 After the agreement of OPEC and OPEC +: This is what experts now for oil prices The agreement between the oil cartel OPEC and its partner countries OPEC + on a significant increase in oil production has caused sharp fluctuations in oil prices. So analysts estimate the situation now. © Contributed by Finanzen.net Thomas Lohnes / Getty Images agreement on expansion of production has had to fall oil prices experts do not expect oil glut Short-term fluctuations but possible , the global economy recovers and oil Alliance responds: have After tough negotiations to OPEC and OPEC

The two first Wall Street institutes made shiny shops in the second quarter quarter. At Goldman, the investment banking even went better than expected.

Viele US-Großbanken stellen in dieser Woche ihre Bilanzen vor. © dpa Many US large banks present their balance sheets this week.

The shops of US large bank JP Morgan also ran excellent in the second quarter 2021. As the institute announced on Tuesday, earnings per share increased by 155 percent compared to the same quarter of the previous year - to $ 3.78 per share. In the second quarter of the Corona year 2020, only $ 1.38 profit per share were achieved.

With the current result, the Bank also exceeds the estimates of analysts clearly - both at the profits as well as in the income. Observers had expected an increase in profit per share by 116 percent to $ 3.21. At the revenues, they had calculated $ 29.9 billion, the bank reports the sum of $ 31.4 billion.

Apple Pay Later: Does the "Pay later pay" function?

 Apple Pay Later: Does the Who online shops, the products can also be deposited in installments. This feature already offer several providers. Now Apple PAY is obviously pulling. © Primakov / Shutterstock Apple Pay. in the pub around the corner and at the root Italy, there is the option to write the bill and pay later. Even online, this type of payment is no longer novelty. Companies like Affirm and PayPal have been able to buy them for some time and later transfer money.

The reason for the bubbling gains: JP Morgan had a lot of loan losses in the second quarter than feared. Thanks to generous state aid packages of consumers, they were able to serve their loans more reliably than feared. The bank had to write off $ 734 million to loans between April and June. However, she had covered three billion dollars. The difference of 2.3 billion dollars could now be booked as a profit.

"The balance sheets in the private and large customer business remain exceptionally strong as the economic prospects further improve," said CEO Jamie Dimon in a message.

As expected, income from trade with securities decreased compared to the second quarter of 2020. In the previous year, high trading volumes after the crash of global exchanges had increased greatly from the broker business.

Wall Street hits record highs, Elon Musk says Tesla would 'die' if he wasn't CEO

  Wall Street hits record highs, Elon Musk says Tesla would 'die' if he wasn't CEO Wall Street's major indexes reach new record closing highs and Tesla boss Elon Musk tells a court the electric car marker would die if he was not the chief executive, amid investor accusations they were misled.Tesla shares rose 4.4 per cent as founder Elon Musk appeared in court and insisted he did not control the electric car maker.

Trade in fixed income securities brought revenues of $ 4.1 billion, slightly less than expected. In stock trading, sales were $ 2.7 billion and exceeded the expectations of analysts.

Goldman reports the second best result in investment banking

also the investment bank Goldman Sachs surprises the analysts with good quarter numbers. The profit per share rose to $ 15.02, experts had expected almost over ten dollars. A year ago Goldman made good six dollars profit per share. Income were $ 15.4 billion in the second quarter, analysts had set at $ 12.2 billion.

Surprisingly, the investment banking business was very good. The area reported the second best quarterly result of history - after the outstanding first quarter of 2021, as a booming market for stock exchanges the winnings were quick. Net income in investment banking achieved $ 3.6 billion and exceeded the expectations of analysts by $ 600 million.

Alabama Police Assist Autistic Man After 'Friends' Robbed and Abandoned Him

  Alabama Police Assist Autistic Man After 'Friends' Robbed and Abandoned Him According to a Facebook post, an Indianapolis man "was on the way to Florida with some 'friends' when they physically pushed him out of the car and robbed him."According to a Facebook post from the Morgan County Sheriff's Office in Alabama, the incident occurred on Saturday night.

Similar to JP Morgan, the trading business ran a bit weaker than in the previous year. With $ 4.9 billion volumes, the very good result from the first quarter quarter ($ 7.6 billion) was clearly missed. 2.3 billion dollars were attributable to stock trading, 2.6 billion dollars brought trade commercially with fixed income securities such as bonds.

The asset management area reported a recovery fee of $ 5.1 billion, driven by a strong stock market.

On the stock market, the Goldman Sachs share can increase by about half a percent before opening the Wall Street. JP Morgan, however, gives 0.5 percent. Both values ​​have been able to increase vigorously since the beginning of the year.

More : billion for the shareholders: US banks spill generous capital from

Reader favorites: Holiday Travel 2021: Mallorca, Italy and Turkey: How the holiday with delta variant expires

+++ Corona-News +++: Government I do not want to show any risk regions more - more than half of the adults in the EU is completely vaccinated

battery manufacturer: Cell factory in Bitterfeld wobbles: Daimler partner Farasis struggles with serious problems

Young digital economy: because of IPO-lull: Advisory Council calls for the Federal Government Disciplining of the press "

Delta variant: What the Corona mutation triggers for new symptoms

Broad backs England to win T20 World Cup .
Stuart Broad is backing England's squad depth and "fearless" cricket to win them the T20 World Cup later this year.England Test seamer Broad was part of Sky Sports' commentary team for the three-match T20 series against Pakistan, which Eoin Morgan's men claimed 2-1 after winning a low-scoring decider at Emirates Old Trafford by three wickets with two balls to spare.

See also