John Allison on latest US bank earnings

Global Business

Earnings season for the big five U.S. banks wrapped Tuesday as Goldman Sachs released its latest financial results.

The overall trend was a drop in revenue. On average, revenue at the top five (Goldman Sachs, Citi Group, JPMorgan Chase Co., Morgan Stanley, and Bank of America) fell 16 percent from a year earlier.

To discuss U.S. bank earnings, Michelle Makori spoke with John Allison, CEO of Unio Capital.