14min chapter

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US Bank Earnings, Tesla Hiring

Bloomberg Intelligence

CHAPTER

Financial Performance and Strategies of Banks and Companies

The chapter delves into the strong trading and investment banking performance of Morgan Stanley, contrasting it with Bank of America's current challenges and anticipated improvements in loan demand. It explores the impact of Federal Reserve cuts on loan growth and the nuances of different banking businesses like leverage lending. The discussion also covers Tesla's recent hiring spree and General Motors' adjustments in response to potential slowdowns in EV demand.

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