Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in terms of where the strength of the overall business is and depending on where the strength in the industry is, that is going to impact who is doing better. And of it is just business product but goldman also says for a Second Quarter in a row they did not navigate markets well. That is what
David this is not the first time mr. Krein has not thats had to come out mr. Cryan had to come out and say we are ok. Alix it is not a liquidity issue, it is a confidence issue. That will be a key point. David we have a lot to talk about. A terrific guest to help us. We are going to be speaking live with Stephan Engels. Plans to cut almost 10,000 jobs and suspend dividends. We will be joined by steven ratner. By steve rattner. The place for the record the race for the white house. First, jonathan is here with the market. Jonathan features here in the United States, a little bit with, but the spillover the ftse down by. 9 . It it is concerns of the house of Deutsche Bank continues to grow. Deutsche bank down almost 9 and one point. We are negative for on the session so far. Bloomberg dollar index about. 3 . It is risk off and commodities. W ti and brent soft. What we have seen, safe haven bids. Poor Government Bonds perform well. Yields lower right across the curve in germany. Negative
12 June: Market Remains Hopeful For Rate Cut Later This Year
The US Federal Reserve has held interest rates in a target range between 5.25% and 5.5%, a
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