An analysis of the latest financial news related to Bank of America and Goldman Sachs, focusing on their quarterly performances and key takeaways. Bank of America exceeded expectations with strong profits and net interest income, while Goldman Sachs experienced a fall in profits due to real estate write-offs and sluggish investment banking.
Bloomberg News Americas Finance Team Leader Sally Bakewell and Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, discuss bank earnings and outlook. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Entertainment Reporter Ashley Carman talk about Ashley's Businessweek Magazine story Taylor Swift Re-Recorded Albums Into Hits. Can It Be Replicated? And we Drive to the Close with Ana Arsov, Global Co-Head of Banking at Moody’s.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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