News Clip3:17
Bloomberg

Options Insight: Is It Time for a Bank Withdrawal?

Higher Ed
Oct. 13 -- Dan Deming, KKM Financial's managing director, discusses the performance of stocks and his options strategy for Citigroup with Bloomberg's Julie Hyman on "Bloomberg Markets."
News Clip2:13
Bloomberg

The Numbers Don't Lie: JPMorgan Earnings Preview

Higher Ed
Oct. 13 -- In today's "The Numbers Don't Lie," Bloomberg's Scarlet Fu previews JPMorgan's third-quarter earnings. She speaks on "What'd You Miss?"
News Clip2:50
Bloomberg

3 Charts to Know: U.S. Banks' Trading Revenue Troubles

Higher Ed
Jan.14 -- Investors will closely watch Citigroup, Bank of America and Goldman Sachs shares this week as fourth quarter bank earnings continue to come out after JPMorgan and Wells Fargo reported Friday. JPMorgan's fixed income trading...
News Clip3:28
Bloomberg

Banks Surge as Mike Mayo Sees Rate Cuts Sparking a 1995 'Party'

Higher Ed
Jun.05 -- Mike Mayo, head of U.S. large-cap bank research at Wells Fargo, explains his call that an interest rate cut could be a catalyst for banks to outperform the market like they did in 1995. He speaks with Bloomberg's Jonathan Ferro...
News Clip4:29
Bloomberg

Congress Is Watching Wells Fargo Closely, Rep. McHenry Says

Higher Ed
Mar.14 -- Rep. Patrick McHenry, a North Carolina Republican, discusses the grounding of Boeing Co.'s 737 family of jets, the bipartisan rebuke of Wells Fargo Chief Executive Officer Tim Sloan and the latest developments in Brexit with...
News Clip16:02
Bloomberg

Rethinking Innovation: In Conversation With Walter Dolhare

Higher Ed
Jun.24 -- Wells Fargo Executive Vice President and Co-head of Corporate and Investment Banking Walter Dolhare sits down with Bloomberg’s Carol Massar at the Bloomberg Breakaway CEO Summit in New York.
News Clip5:32
Bloomberg

Wells Fargo CFO Says Consumer Spending Fell 35%-36% in April

Higher Ed
Apr.14 -- John Shrewsberry, Wells Fargo & Co. chief financial officer, discusses the bank's first-quarter earnings and outlook with Bloomberg's Scarlet Fu and Romaine Bostick on "Bloomberg Markets: What'd You Miss?"
News Clip5:10
Bloomberg

It Won't Be a Good Quarter for Banks, Here's Why

Higher Ed
April 12 -- Bloomberg's Christine Harper previews bank earnings. Wunderlich Securities Managing Director Art Hogan also weighs in on "Bloomberg ‹GO›.
News Clip4:13
Bloomberg

1Q Has Been a Weak Quarter, Says Atlantic’s Wheeler

Higher Ed
April 13 -- JPMorgan Chase & Co., the biggest U.S. bank by assets, said first-quarter profit fell 6.7 percent on lower trading and investment-banking revenue and $479 million in wholesale credit costs. Net income dropped to $5.52...
News Clip5:48
Bloomberg

BlackRock Earnings Dragged Down by Job Cuts Charge

Higher Ed
April 14 -- BlackRock said first-quarter profit fell 20 percent as a global stock-market slump early in the year crimped revenue and the firm cut jobs. JPMorgan's Oksana Aronov and Bloomberg's Erik Schatzker speak on "Bloomberg ‹GO›."
News Clip5:01
Bloomberg

Big Week for Bank Earnings

Higher Ed
July 11 -- Earnings season is underway with some of the biggest banks reporting this week. Bloomberg's Joe Ciolli reports on what we can expect on "Bloomberg Markets."
News Clip2:49
Bloomberg

Wells Fargo CFO: Looks Like There's a Lid on U.S. Yields

Higher Ed
July 15 -- John Shrewsberry, Wells Fargo's chief financial officer, discusses the bank's second-quarter financial performance with Bloomberg's Oliver Renick and Matt Miller on "What'd You Miss?"
News Clip4:17
Bloomberg

Wells Fargo, Citigroup Beat 3Q Earnings Estimates

Higher Ed
Oct. 14 -- Citigroup's third-quarter profit topped analysts' estimates on a 35 percent surge in bond-trading revenue. Wells Fargo saw profit fall 2.6 percent in the third-quarter on increased expenses. Bloomberg's Christine Harper and...
News Clip3:33
Bloomberg

JPMorgan 3Q Revenue Rises on Bond-Trading Boost

Higher Ed
Oct. 14 -- JPMorgan Chase & Co. reported third-quarter profit that was 7.6 percent lower than a year ago while revenue climbed 8.4 percent on a better-than-expected gain in bond-trading revenue. Bloomberg's Christine Harper reports on...
News Clip2:23
Curated Video

Wells Fargo CEO Faces More Anger From Lawmakers

Higher Ed
FOR CLEAN VERSION SEE STORY NUMBER: apus064090Angry lawmakers heaped another round of blistering criticism on Wells Fargo's CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and...
News Clip8:20
Bloomberg

Serra: Morgan Stanley Will Be as Profitable as Goldman

Higher Ed
Jan.18 -- Algebris Founder and CEO Davide Serra discusses bank earnings. He speaks with Erik Schatzker from the World Economic Forum in Davos, Switzerland on "Bloomberg Daybreak: Americas."
News Clip11:26
Bloomberg

Algebris CEO Serra on Bank Earnings, Central Banks

Higher Ed
Jan.18 -- Algebris Founder and CEO Davide Serra discusses bank earnings and central bank monetary policies. He speaks with Erik Schatzker from the World Economic Forum in Davos, Switzerland on "Bloomberg Daybreak: Americas."
News Clip4:09
Bloomberg

Trillium CEO Wants Wells Fargo Board Members to Resign

Higher Ed
Apr.25 -- Matthew Patsky, Trillium Asset Management chief executive officer, discusses Wells Fargo's shareholder meeting. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
News Clip2:25
Bloomberg

3 Charts to Know: U.S. Banks Fall, Plunge, Rise, Repeat?

Higher Ed
Oct.12 -- Falling loan growth, plunging trading revenue and rising loan loss reserves are the takeaway from JPMorgan and Citi earnings for Q3 2017. Will it be a repeat for Bank of America and Wells Fargo? Bloomberg's Ramy Inocencio...
News Clip2:25
Bloomberg

Citigroup, BofA Banned from Louisiana Bond Sale Over Gun Stance

Higher Ed
Aug.22 -- The State of Louisiana has prohibited Citigroup Inc. and Bank of America Corp. from participating in an upcoming bond sale due to their recent restrictions on doing business with gunmakers. Bloomberg's Amanda Albright joins...
News Clip3:48
Bloomberg

Wells Fargo, JPMorgan, Bank of America Favored: Smead Capital

Higher Ed
Jul.15 -- Tony Scherrer, director of research and portfolio manager at Smead Capital Management, talks about U.S. banks. Citigroup Inc. shares fell as much as 2.4%, the most intraday since May 31, after mixed second-quarter results...
News Clip1:59
Bloomberg

Sloan Stepping Down as Wells Fargo CEO Isn't a Surprise, RBC's Cassidy Says

Higher Ed
Mar.28 -- Gerard Cassidy, RBC Capital Markets managing director, reacts to Tim Sloan stepping down as Wells Fargo & Co.'s chief executive officer and Morgan Stanley President Colm Kelleher's plan to retire at the end of June. He speaks...