Goldman Sachs Posts Best Stock-Trading Quarter in History

Goldman Sachs Posts Best Stock-Trading Quarter in History

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Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo

Alison Williams, Bloomberg Intelligence Senior Analyst, Global Banks and Asset Managers, discusses U.S bank earnings. Goldman Sachs Group Inc.'s stock traders posted the largest revenue haul in Wall Street history, with equity-trading revenue of $4.3 billion for the second quarter. Morgan Stanley's stock traders scored their best second quarter on record, earning $3.72 billion in equity-trading revenue, a 23% jump from a year ago. Bank of America Corp.'s traders posted a record second quarter as the company reaped the benefits of volatile markets and net interest income topped analysts' estimates.

Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, discusses Hewlett Packard Enterprise creating a new strategy committee and agreeing to work with Elliott Investment Management to help boost value. Other members of the committee will include Gary Reiner, Raymond Lane and Charles Noski.

Duncan Fox, Bloomberg Intelligence Senior Consumer Staples Analyst, discusses Diageo Chief Executive Officer Debra Crew stepping down after a bruising run in which the company’s stock has plummeted. The maker of Guinness and Johnnie Walker whisky said Wednesday Chief Financial Officer Nik Jhangiani had been appointed interim CEO, with a search already under way for Crew’s permanent replacement.

Herman Chan, Bloomberg Intelligence Senior Analyst for US Regional Banks, discusses regional bank earnings. They include results from First Horizon, PNC Financial, and MT&T Bank.

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Diane Swonk Sees U.S. Election Driving Bond Prices Lower(Audio)

Diane Swonk Sees U.S. Election Driving Bond Prices Lower(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Diane Swonk, Founder of Diane Swonk Economics, on the latest economic data, bond prices, and what she forecasts for the next rate hike.See omnystudio.com/listener for privacy information.

11 Touko 201619min

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, losers, and Stock of the Day: PRA Group (PRAA).See omnystudio.com/listener for privacy information.

10 Touko 201612min

Miller Tabak's Maley: Fed Continues To Bail Out Congress(Audio)

Miller Tabak's Maley: Fed Continues To Bail Out Congress(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Matt Maley, Equity Strategist at Miller Tabak, with a macro look at the equity markets and monetary policy. Broadcasting live from the Boston Convention and Exhibition Center.See omnystudio.com/listener for privacy information.

10 Touko 201611min

Boston Ballet's Nissinen on William Forsythe Partnership(Audio)

Boston Ballet's Nissinen on William Forsythe Partnership(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Mikko Nissinen, Artistic Director at the Boston Ballet, on their new partnership with internationally renowned Choreographer William Forsythe. Broadcasting live from the Boston Convention and Exhibition Center.See omnystudio.com/listener for privacy information.

10 Touko 20168min

Margaret Marshall: Bathrooms Are Focus of Segregation (Audio)

Margaret Marshall: Bathrooms Are Focus of Segregation (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Margaret Marshall, Former Chief Justice of the Supreme Court of Massachusetts and senior counsel at Choate Hall & Stewart LLP in Boston, discusses her career, her landmark decision legalizing gay marriage, and the U.S. Justice Department suing North Carolina over its bathroom law. Broadcasting live from the Boston Convention and Exhibition Center.See omnystudio.com/listener for privacy information.

10 Touko 201611min

Merrimack's Mulroy on Success of Pancreatic Drug Onivyde(Audio)

Merrimack's Mulroy on Success of Pancreatic Drug Onivyde(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Bob Mulroy, CEO of Merrimack Pharmaceuticals, on biotech earnings, consumer health and oncology, and its product pipeline. Broadcasting live from the Boston Convention and Exhibition Center.See omnystudio.com/listener for privacy information.

10 Touko 201611min

Boston Chamber's Singh on Boston's Thriving Tech Scene (Audio)

Boston Chamber's Singh on Boston's Thriving Tech Scene (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Nav Singh, Managing Partner at the McKinsey Boston office and Chair of the Boston Chamber of Commerce, on this year's annual event and the evolution of the Boston tech and biotech scene. Broadcasting live from the Boston Convention and Exhibition Center.See omnystudio.com/listener for privacy information.

10 Touko 20168min

Joel Stern Says Fed Raising Rates Will Cause a Recession(Audio)

Joel Stern Says Fed Raising Rates Will Cause a Recession(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Joel Stern, Chairman and CEO of Stern Value Management, on the Fed's monetary policy, and what he forecasts for the June FOMC meeting.See omnystudio.com/listener for privacy information.

9 Touko 20168min

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