
Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China
Bloomberg Daybreak: US Edition
00:00
Bank Earnings Reports and Expectations
This chapter discusses the recent earnings reports from major banks, including JP Morgan Chase, First Republic Bank, Citigroup, Wells Fargo, Bank of America, Goldman Sachs, and Morgan Stanley. It covers topics such as record net income, higher interest rates, progress in reducing costs and legal risks, weaker fees, trading performance, and potential weaknesses in commercial loans. The chapter also provides insights into the upcoming bank earnings reports and expectations for Bank of America, Goldman Sachs, and Morgan Stanley.
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