Squawk on the Street cover image

Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23

Squawk on the Street

00:00

The Worst Performance of the Big Banks

Jamie Dimon: We just haven't seen the companies that have been losing deposits to the big guys. And that is going to be a theme that we're going to have to live with when the regionals report. He says PNC has long dated assets on that balance sheet that didn't work to their advantage. "I think that Wells, Bank of America and JP Morians proving out they got the big money"

Play episode from 13:11
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app