Surveillance: Big Bank Results With Cassidy

Bloomberg Surveillance

Gerard Cassidy, RBC Head of U.S. Bank Equity Strategy, says Goldman Sachs came out on top for this quarter's bank earnings. Tom Michaud, KBW CEO, says trends in the banking industry have been accelerated by the pandemic and expects continued consolidations and focus on fintech. Michael J. Wolf, Activate Co-Founder & CEO, says Coinbase at its current market cap will allow small investors as well as individuals to take part in this entire move toward cryptocurrencies. Representative Andy Barr, Republican from Kentucky, says corporate tax increases will lead to jobs moving overseas and lower wages.

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