BlackRock, the world's largest asset manager, grew even bigger in Q2, hitting a record $10.65 trillion in AUM thanks to its ETFs.
Goldman Sachs' storied investment banking division underperformed rivals' with a 21% growth in fees versus more than 50% for both JPMorgan Chase and Citigroup.
Burberry's comparable store sales fell 21% in its latest quarter as a growing share of global consumers pulled back on luxury. Shares of the company, which replaced its CEO, are now at their lowest in 14 years.
Swatch Group felt the sting from a spending slowdown in China in H1 that drove a 70% decline in operating profit.