Update: Citigroup, Bank America and Goldman Sachs

October 18, 2024 | Premium Service | With the 2024 election just weeks away, US equity markets are rallying on acceptable earnings results and the vast amount of liquidity that remains on the sidelines. The larger Street firms led by Morgan Stanley (MS) reported strong earnings on new securities issuance and investment banking transactions, but the interest rate side of the house continues to struggle with flat to down net-interest income. 

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