GS, MS, JPM, WFC: Big Bank Release Earnings & How To Trade

Investment banking activity, including underwriting and M&A was weak in 4Q, says Chuck Lieberman. He discusses the takeaways from bank stock earnings highlighting Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC). He notes that loan defaults were low and banks have plenty of capital. 

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