Bank of America downgrades Goldman Sachs citing trading business, says better to own Morgan Stanley

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Maggie Fitzgerald@mkmfitzgerald
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A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010.
Daniel Acker | Bloomberg | Getty Images

Bank of America no longer recommends buying Goldman Sachs' stock due to concerns about its capital markets business in 2022.