Tom Busby
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Podcast Appearances
Bloomberg Radio.
Goldman Sachs expected to report a surge in investment banking fees as a backlog of corporate deals and IPOs start to come to market right now.
Shares of Goldman up 62% in just the past year.
Bloomberg Consensus calls for revenue of $13.9 billion on adjusted earnings per share of $11.48.
Investors will also be looking at how much fees Morgan Stanley collected from the pickup in IPOs and mergers and acquisitions.
And with equities trading expected to be strong, Bloomberg Consensus calls for net revenue of $17.62 billion on adjusted earnings per share of $2.41.
Tom Busby, Bloomberg Radio.
Goldman Sachs expected to report a surge in investment banking fees as a backlog of corporate deals and IPOs start to come to market right now.
Shares of Goldman up 62% in just the past year.
Bloomberg consensus calls for revenue of $13.9 billion on adjusted earnings per share of $11.48.
Investors will also be looking at how much fees Morgan Stanley collected from the pickup in IPOs and mergers and acquisitions.
And with equities trading expected to be strong, Bloomberg consensus calls for net revenue of $17.62 billion on adjusted earnings per share of $2.41.
Tom Busby, Bloomberg Radio.
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.