Investors Eye Fresh Earnings from Big Banks
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 18 July 2023
⏱️ 15 minutes
🧾️ Download transcript
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| 0:00.0 | As a City National client, you get a dedicated team of banking professionals working alongside |
| 0:06.5 | you. |
| 0:07.5 | From a relationship manager who works with you on everyday business needs, to a business |
| 0:11.4 | banker who drives your goals into the future. |
| 0:14.4 | Come in to meet your team at City National Bank. |
| 0:17.1 | See what personal can do for you at CNB.com. |
| 0:20.2 | The latest earnings from Big Banks show a slump in deal making. |
| 0:33.0 | Plus, harvesters in the US may be looking at record low wheat yields. |
| 0:37.5 | Because of the drought, which kind of slowed the maturation of the crop in southern states, |
| 0:41.4 | and because of these rains that have really taken off, kind of at the worst possible time |
| 0:45.6 | for some of these harvesters and farmers, you know, like May, June and July, they have |
| 0:49.1 | been really slowed down. |
| 0:50.1 | They're still in Kansas when normally they would be far north of Kansas at this time. |
| 0:53.6 | And former President Donald Trump says he received a letter indicating that he's the target |
| 0:58.2 | of a federal investigation into efforts to undo his 2020 election loss. |
| 1:03.0 | It's Tuesday, July 18. |
| 1:04.7 | I'm Ann Marie for Toley for the Wall Street Journal. |
| 1:07.2 | This is the PM edition of What's News, the top headlines and business stories that move |
| 1:11.3 | to the world today. |
| 1:19.8 | More bank earnings are rolling in this week and today brought a mixed bag, as Morgan |
| 1:23.7 | Stanley reported a 13 percent drop in profit and Bank of America posted a 19 percent increase |
| 1:29.6 | in profit. |
... |
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