Money Trees

Wall Street harvested a bumper crop in Q4. The last of the big American banks reported Thursday, and the results were favorable. BofA beat where it counted, and in some other places besides, while Morgan Stanley's traders took advantage of what Sharon Yeshaya described as "a lot of activity" in and around the US election. At the house of Moynihan, NII of $14.36 billion ($14.5 billion with the FTE adjustment) topped the $14.12 billion ($14.34 billion) consensus, rising 3% YoY in the process.

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

One thought on “Money Trees