Bloomberg Markets with Carol Massar and Cory Johnson.

GUESTS:
Laura Keller
Banking Reporter 
Bloomberg News
Discussing bank earnings and outlook.   

Marty Mosby
Director of Bank & Equity Strategies
Vining-Sparks 
Discussing when Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading. The surprise is which was which.

Goldman Sachs, the vaunted trading house, pointed to growth in its effort to lend to wealthy people as a bright spot. Bank of America, with 4,500 branches across the U.S., relied on a smaller drop from its trading unit to help beat revenue estimates.

<p>Bloomberg Markets with Carol Massar and Cory Johnson.

GUESTS:
Laura Keller
Banking Reporter 
Bloomberg News
Discussing bank earnings and outlook.   

Marty Mosby
Director of Bank &amp; Equity Strategies
Vining-Sparks 
Discussing when Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading. The surprise is which was which.

Goldman Sachs, the vaunted trading house, pointed to growth in its effort to lend to wealthy people as a bright spot. Bank of America, with 4,500 branches across the U.S., relied on a smaller drop from its trading unit to help beat revenue estimates.</p>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

<p>Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;</p>

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Bloomberg Markets: Goldman Sachs, BofA Reverse Roles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2252fb12-8ee6-429b-8e25-ae2b00f0af56/transcript