RBC's Gerard Cassidy analyzes mixed big bank earnings
Third-quarter bank earnings kick off with mixed results as RBC Capital Markets managing director Gerard Cassidy joins 'The Claman Countdown' to break down the numbers. Cassidy analyzes Goldman Sachs' profit surge driven by equity trading, while discussing JPMorgan Chase's lagging bond trading and Wells Fargo's missed net interest income. He also outlines why fixed-income trading was a notable weak spot across the banking sector.