How I Heart Trump and I Heart Harris people can keep tempers down at work.

I'm David Brancatio. First Banks have been reporting their summary into fall profits.

Morgan Stanley's are due shortly.

J.P. Morgan Chase and Citigroup reported lower profits with pressure coming from consumer

banking and customers having trouble paying back credit cards.

That said, banks are making a lot of money on

investment banking, marketplaces Justin Ho explains. A big way that

investment bankers earn revenue is by helping corporations raise money.

And that comes in two forms, either in the form of debt or equity.

That's Drew Pascarella, who teaches finance at Cornell University.

Let's start with debt.

Many corporations are trying to take advantage of falling interest rates

that can help companies refinance their existing debt and expand.

New factories, new hiring, new digital initiatives that companies may have been waiting for because the money was too expensive a year or two ago.

Then there's equity, raising money through the stock market.

Jay Ritter, a professor at the University of Florida, says IPOs have been slow this year,

but we have seen companies that are already public issue new equity, because the stock market's been rising.

And companies are a lot more likely to issue equity when stock prices are high than when they're low.

Ritter says if that continues, companies will keep tapping the stock market and calling up their investment bankers to help them do it.

I'm Justin Ho for Marketplace.

New York Community Bank is working on a turnaround after worry about all its commercial real estate loans caused its stock to crash last March.

Comparisons were drawn to failed Silicon Valley and signature banks, but NYCB did not fail and under a new

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