Bloomberg Businessweek cover image

Banks Beating Expectations but Higher for Longer Looms

Bloomberg Businessweek

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Introduction

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.

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