wsjfinance-ws

Bank of Americasaid Monday that its second-quarter profit declined 32%.The second-largest U.S. bank earned $6.2 billion, down from $9.2 billion a year earlier. Per-share earnings of 73 cents missed the 75 cents that analysts polled by…

Preparations for potential bad loans in a recession pushed Citigroupsecond quarter profit down 27%, offsetting a boom in business from global companies trying to position themselves for rising interest rates. The bank on Friday reported…

Twitter Inc. TWTR 3.93%is re-examiningElon Musk’s$43 billion takeover offer after the billionaire lined up financing for the bid, in a sign the…