WFC Wells Fargo and Company

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 14, 2018).

JPMorgan, Citigroup and Wells Fargo posted higher quarterly profit, propelled by lower tax bills and a rise in lending income.

Wells Fargo said that it may need to restate results due to a looming regulatory settlement.

PNC's profit rose 16%, fueled by higher rates and commercial lending.

China is slowing reviews of deals being pursued by Qualcomm and Bain as trade tensions between the U.S. and China escalate.

WPP's board is weighing contingency plans in the event Sorrell leaves, as the CEO deals with an allegation of misconduct.

U.S. stocks fell Friday but notched gains for the week. The Dow industrials ended the day 122.91 points lower at 24360.14.

Volkswagen CEO Diess pledged to speed the pace of change at the company a day after his appointment.

BlackRock's CEO made $27.95 million in 2017, an increase of 10%, after a banner year for the firm.

Toy maker Isaac Larian said he has submitted a bid for Toys "R" Us.

(END) Dow Jones Newswires

April 14, 2018 02:47 ET (06:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.