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Industry Focus

Financials: Green Dot’s Disappointing Earnings and an Interview With Prudential’s CFO

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 20 May 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

In the latest installment of our Between Two Fools interview series, host Jason Moser sits down with Prudential (NYSE: PRU) CFO Ken Tanji to talk about financial wellness and what the company is doing to try to improve the financial wellness of Americans. Plus, Fool.com contributor Matt Frankel, CFP talks about why Green Dot (NASDAQ: GDOT) plunged after its recent earnings report, and you’ll also hear what stocks are on our radar this week. All this and more on this week’s episode of Industry Focus: Financials.

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Transcript

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0:00.0

Thanks to Sprout Social for supporting this episode of Industry Focus,

0:03.2

Sprout Social offers businesses an intuitive platform to help build meaningful

0:06.7

relationships at scale on social.

0:09.0

To learn how your brand can create real connection,

0:11.6

visit sprout social.

0:13.0

Today.

0:14.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market each day.

0:20.0

It's Monday, May 21st, I'm your host, Jasoner. On today's show we're going to discuss the state of green dot.

0:27.0

We're going to talk about a potentially growing credit card problem.

0:31.0

As always, we'll have one to watch, but we'll begin this week with another installment

0:34.7

of Between Two Fools.

0:38.0

Ken Tangi is the chief financial officer of Prudential Financial, where he's held a number of positions over a three-decade career.

0:44.8

Recently we had the chance to speak with Ken about Prudential's financial wellness platform

0:48.8

and how it ties to the company's purpose in long-term business strategy.

0:55.1

So Ken, I think a lot of our listeners out there are familiar with the name Prudential.

0:59.0

I mean, the company was founded back in 1875, so it's been around for a little while. But talk to us today. Can you describe Prudential today? Give us some background on the company for our listeners.

1:10.0

Yeah, sure, I'd be happy to do that. So yeah, as you mentioned, we've been around for over 140 years, and we've been serving customers with solutions that provide financial security and peace of mind and we do that in innovative

1:25.8

and high quality ways.

1:28.0

Prens is very much a trusted brand and one of the most admired companies in the world and our purpose is to make

1:35.9

live people's lives better

1:38.0

uh... we do that by solving financial challenges in in the midst of a changing

1:42.4

world and and with that purpose challenges in the midst of a changing world.

...

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