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Bloomberg Intelligence
BI Weekend: Deere, McDonalds Earnings
Feb 14, 2025
Zack Wasserman, the Chief Financial Officer at Huntington National Bank, shares insights on the firm’s growth strategies amidst economic uncertainties. He discusses the importance of strategic expansion in small businesses and mid-corporate clients, highlighting how they drive loan growth. The conversation also touches on the impact of TD Bank's decision to exit its stake in Charles Schwab, and the broader implications for regional banking dynamics. Wasserman emphasizes leveraging advanced solutions to enhance efficiency during challenging market conditions.
36:25
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Quick takeaways
- Deere is expecting a 30% decline in North American sales, highlighting the cyclicality and challenges within the agricultural equipment sector.
- Elliott Investment Management's influence on BP signals a shift towards prioritizing oil production growth amid investor pressure for sustainable performance.
Deep dives
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Discover
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