Tom Busby
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Podcast Appearances
At Bank of America, net interest income, what it earns from lending, and revenue from trading and investment banking fees will be key for investors.
Bloomberg Consensus calls for revenue of $15.48 billion on adjusted earnings per share of 95 cents.
At Wells Fargo, investors want to see how the California-based bank's push into investment banking and trading is progressing.
Net interest income forecast to rise 5%.
Bloomberg Consensus calls for total revenue of $21.64 billion on earnings per share of $1.68.
And finally, we'll hear from Citigroup, which is cutting about 1,000 jobs this week and will report a pre-tax loss on the sale of its operations in Russia.
Look for revenue of $20.42 billion on earnings per share of $1.65.
Tom Busby, Bloomberg Radio.
JPMorgan Chase's trading and investment banking businesses will be in focus, with revenue from trading stocks and bonds expected to rise 13% from a year ago, helping shares of the bank up 35% in the past 12 months, easily topping the 16% gain in the S&P 500 Financials Index.
Bloomberg Consensus calls for adjusted revenue of $46.35 billion for the fourth quarter on adjusted earnings per share of $4.92.
Tom Busby.
Bloomberg Radio.