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UBS analyst Erika Najarian said that Goldman Sachs is facing the biggest test in this round of earnings reports, and it is not easy to stand out from the major Wall Street banks; at the same time, investors are focusing on who might succeed Jamie Dimon as CEO of J.P. Morgan Chase. Najarian said on Monday, “Considering market expectations and investor positions, Goldman Sachs faces the greatest test.” Najarian said that five of the six largest US banks will announce their results on Tuesday. “It's not easy to stand out. In particular, I expect J.P. Morgan's earnings call will largely revolve around the issue of successors.” Najarian is a stock research analyst at UBS responsible for large banking and consumer finance sectors. This week, large banks with a total market capitalization of more than $2 trillion in the US will be releasing financial reports intensively. Goldman Sachs, J.P. Morgan Chase, Bank of America, Wells Fargo, and Citigroup will announce results on Tuesday, while Morgan Stanley will release results on Wednesday. Compared to the usual three-day earnings release pace for these industry leaders, this year's schedule is more focused.
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UBS analyst Erika Najarian said that Goldman Sachs is facing the biggest test in this round of earnings reports, and it is not easy to stand out from the major Wall Street banks; at the same time, investors are focusing on who might succeed Jamie Dimon as CEO of J.P. Morgan Chase. Najarian said on Monday, “Considering market expectations and investor positions, Goldman Sachs faces the greatest test.” Najarian said that five of the six largest US banks will announce their results on Tuesday. “It's not easy to stand out. In particular, I expect J.P. Morgan's earnings call will largely revolve around the issue of successors.” Najarian is a stock research analyst at UBS responsible for large banking and consumer finance sectors. This week, large banks with a total market capitalization of more than $2 trillion in the US will be releasing financial reports intensively. Goldman Sachs, J.P. Morgan Chase, Bank of America, Wells Fargo, and Citigroup will announce results on Tuesday, while Morgan Stanley will release results on Wednesday. Compared to the usual three-day earnings release pace for these industry leaders, this year's schedule is more focused.
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