This chapter explores why a large subset of the population prefers secure and trusted banks like Wells Fargo, despite the higher yields offered by online players. It also discusses the decline in deposit bases of big banks and the growing awareness of high yield savings.
Citigroup’s Jane Fraser is looking to reinvent one of the Big Four banks. Can she do it?
(00:21)Matt Frankel and Deidre Woollard discuss: - The challenges facing Citgroup. - Why big banks have to get serious about high-yield accounts. - Charles Schwab’s opportunity to build an integrated platform.
(19:49) Mark Dixon, CEO of IWG, talks to Deidre Woollard about the changing role of the office in business life.
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Companies discussed: C, IWG, SOFI, WFC, BAC, JPM, ALLY
Host: Deidre Woollard Guests: Matt Frankel, Mark Dixon Producer: Ricky Mulvey Engineers: Annie Pope, Dan Boyd
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