Bloomberg Markets: Goldman Sachs, BofA Reverse Roles

Bloomberg Markets with Carol Massar and Cory Johnson. GUESTS: Laura Keller Banking Reporter Bloomberg News Discussing bank earnings and outlook. Marty Mosby Director of Bank & Equity Strategies Vining-Sparks Discussing when Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading. The surprise is which was which. Goldman Sachs, the vaunted trading house, pointed to growth in its effort to lend to wealthy people as a bright spot. Bank of America, with 4,500 branches across the U.S., relied on a smaller drop from its trading unit to help beat revenue estimates.

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