JPMorgan Chase & Co., Citigroup (C), and Wells Fargo (WFC) first-quarter earnings have shown that consumer credit card usage has continued to increase. Yahoo Finance Senior Reporter David Hollerith explains the overall implications of this on the banking industry. This segment aired on April 12, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #creditcard #creditcards #spending #finances #financetips #personalfinance #creditcardpayments #debt #jpmorgan #jpmorganchase #wellsfargo #wellsfargobank #bank #banking #citibank #citigroup #2024shorts
Citigroup (C) has started trimming staff as part an ongoing reorganization, saying in a statement, “the actions we’re taking to reorganize the firm involve some difficult, consequential decisions, but we believe they are the right steps.” These cuts consist of about 300 senior managers, according to a report from Bloomberg. Citigroup CEO Jane Fraser announced in September her plan to restructure and slim down the banking giant. Yahoo Finance Senior Reporter David Hollerith explains the layoffs and what lies ahead for Citigroup. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #yahoofinance #bank […]
Citigroup (C) shares rose after CEO Jane Fraser announced a new reorganization plan. The company, which currently operates with two divisions, will undergo a transformation into five separate divisions, all directly reporting to the CEO. Fraser says the reorganization will streamline the business and “increase accountability.” Yahoo Finance’s Senior Reporter David Hollerith discusses the details of this reorganization and the possibility of job cuts amidst the changes. #Citigroup #youtube #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With […]
#Nvidia #youtube #stockmarket Yahoo Finance’s Brad Smith, Julie Hyman, Brian Sozzi, and Myles Udland pose one of the biggest questions this earnings season — are earnings expectations set too high? The reporter panel reviews what they have heard so far from executives reporting strong earnings beats and whether these narratives match up with market performances. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]
#Stocks #bankstocks #yahoofinance #jpmorgan CFRA Research Director of Equity Research Ken Leon joins Yahoo Finance Live anchor Seana Smith to break down what today’s Big Bank earnings reports may indicate for the economic outlook of 2023, including J.P. Morgan, Bank of America, Wells Fargo, and Citigroup. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need […]
