HomeMarketsU.S. Economy & JobsThe Bread & Butter Business Of Lending Is Doing Well

The Bread & Butter Business Of Lending Is Doing Well

The bread-and-butter business of lending is doing very well, as net interest margins have soared at the big banks, notes Octavio Marenzi. He examines bank earnings. He talks about how deposits are very slightly, but still very high compared to pre-pandemic. He mentions that trading and investment banking activity are muted. He outlines what muted trading and investment activity means for Morgan Stanley (MS) and Goldman Sachs (GS). He then goes over how lending business is affecting big banks. Tune in to find out more about the stock market today.

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18 Jul 2023

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