1. Goldman Sachs's profit soared 45% in the third quarter, thanks to a surge in investment performance and unexpected support from stock trading revenue. Net revenue from FICC financing reached an all-time high for the quarter. The asset and wealth sector's management costs have reached record highs. It is expected that there is room for growth in the loan business for ultra-wealthy customers. CEO Solomon insisted that M&A activity would return to normal. 2. Bank of America CEO Moynihan said that the company feels good about the health of American consumers. While lower income groups face some pressure, middle class and affluent customers continue to spend and invest. Executive Borthwick believes NII is in the right direction. Bank of America anticipates that the company's net interest income will continue to grow. 3. Citigroup traders, led by the stock department, performed well, but analysts focused on the company's strategy and when it would be profitable. Citibank CEO Fraser said in an analysts' conference call that the company is flatter, simpler, and less risky, and the company has yet to achieve its goals. It is expected that the NII index will remain flat, which will be better than the company's original estimate. We have noticed some signs of weakness among low- and middle-income customers. Citi vows to “do whatever it takes” to address data quality issues. It is expected that discussions between the Federal Reserve and other financial regulators on amending Basel III will continue until 2025. 4. The market reaction was mixed. Goldman Sachs's stock price opened high and went low, and finally settled down; Bank of America fluctuated downward after opening higher and eventually closed up by more than 0.5%; Citigroup opened slightly higher and then fell 5.11%.

1. Goldman Sachs's profit soared 45% in the third quarter, thanks to a surge in investment performance and unexpected support from stock trading revenue. Net revenue from FICC financing reached an all-time high for the quarter. The asset and wealth sector's management costs have reached record highs. It is expected that there is room for growth in the loan business for ultra-wealthy customers. CEO Solomon insisted that M&A activity would return to normal. 2. Bank of America CEO Moynihan said that the company feels good about the health of American consumers. While lower income groups face some pressure, middle class and affluent customers continue to spend and invest. Executive Borthwick believes NII is in the right direction. Bank of America anticipates that the company's net interest income will continue to grow. 3. Citigroup traders, led by the stock department, performed well, but analysts focused on the company's strategy and when it would be profitable. Citibank CEO Fraser said in an analysts' conference call that the company is flatter, simpler, and less risky, and the company has yet to achieve its goals. It is expected that the NII index will remain flat, which will be better than the company's original estimate. We have noticed some signs of weakness among low- and middle-income customers. Citi vows to “do whatever it takes” to address data quality issues. It is expected that discussions between the Federal Reserve and other financial regulators on amending Basel III will continue until 2025. 4. The market reaction was mixed. Goldman Sachs's stock price opened high and went low, and finally settled down; Bank of America fluctuated downward after opening higher and eventually closed up by more than 0.5%; Citigroup opened slightly higher and then fell 5.11%.