PepsiCo has said it’s on track to achieve $1 billion in productivity savings this year.  Photograph: Bloomberg

PepsiCo, the soft drink maker and world’s largest snack producer has posted first quarter profits that topped analysts’ estimates after cutting costs(...)

Strong investment banking results helped boost JPMorgan’s shares to their highest since April 2000

JPMorgan Chase & Co, the biggest United States bank by assets, reported a better-than-expected quarterly profit after a decision by the Swiss cent(...)

Low interest rates have prevented Wells Fargo and regional rivals from capitalising on their growing deposit base

Wells Fargo & Co, the largest US mortgage lender, has reported a drop in quarterly profit for the first time in five years as employee costs rise (...)

Happy employees, it is claimed, are more likely to do the right thing than unhappy ones

At Wells Fargo, managers have dreamt up a new ratio to track alongside such banking stalwarts as provision coverage and capital adequacy. It is called(...)

Ray Conner, president and chief executive officer of Boeing Commercial Airplanes (left) reacts during a news conference with Domhnal Slattery, chief executive officer of Avolon Leasing Group. Photographer: Matthew Lloyd/Bloomberg

Barry O’HalloranNewly floated Irish aviation leasing specialist, Avolon, had a fleet of 137 aircraft at the end of 2014, according to its full-year (...)

Teaming up: entrenched financial players facing challengers armed with new technology are increasingly seeking to work with them

Employees at MasterCard thought they saw a drop-off in credit card volume last spring at one of their merchants, a legal services provider. Checking f(...)

Intel: results on Thursday
For your diary

TODAY Results: Alcoa. Indicators: Irish trade balance (Nov); US labour market conditions index (Dec). Other: Taylor Wimpey trading update. (...)

Want to know how someone goes from selling falafels at festivals to running their own rave-reviewed hipster eaterie? Then pop along to Trinity’s Scien(...)

The price slide in oil  is having a serious impact on oil producers that rely on revenues from crude exports to balance their budgets. Photograph:  Danny Lawson/PA Wire

Banks including Barclays and Wells Fargo are facing potentially heavy losses on an $850 million (€680m) loan made to two oil and gas companies in a si(...)

No 2 Harbourmaster Place, IFSC, Dublin, is the seventh office investment in the area to have changed hands this year. Photograph: Eric Luke

Another of the original office blocks in Dublin’s IFSC has been sold in an off-market transaction. Ardstone Capital, the private investment manager, (...)