In just the past ten years, the biggest US banks made an eye-popping trillion dollars in profit. To help get our heads around that staggering number, we asked Bloomberg reporters Max Abelson and Hannah Levitt–who cover the world of Wall Street–to explain how banks were able to dramatically increase their profits in such a short time–and how it impacts the rest of us.

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

In just the past ten years, the biggest US banks made an eye-popping trillion dollars in profit. To help get our heads around that staggering number, we asked Bloomberg reporters Max Abelson and Hannah Levitt–who cover the world of Wall Street–to explain how banks were able to dramatically increase their profits in such a short time–and how it impacts the rest of us.
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3EJAK">https://bloom.bg/3F3EJAK</a> 
Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg.net">bigtake@bloomberg.net</a>.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Wall Street's Trillion-Dollar Decade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e17661ee-413d-470d-b719-af82017cd1e9/transcript

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