What to Expect From U.S. Bank Earnings

The video discusses financial projections for JP Morgan and Wells Fargo, focusing on revenue expectations, credit card business, and consumer debt. It highlights Wells Fargo's scandals and their impact on profits. The discussion also covers tax reform and its implications for effective tax rates.

What is the expected percentage decrease in JP Morgan's fixed income trading revenue for the fourth quarter?

• 10.5%

• 18.5%

• 25.0%

• 30.0%

Which credit card is highlighted as a significant part of JP Morgan's business?

• Chase Sapphire

• Chase Freedom

• Chase Slate

• Chase Ink

What has been a major issue for Wells Fargo affecting its profits?

• Increased competition

• Low customer satisfaction

• Consumer bank scandals

• High interest rates

What is the revised effective tax rate that analysts expect for JP Morgan?

• 25%

• 21%

• 19%

• 15%

What is a key metric that analysts are watching for banks like JP Morgan and Wells Fargo?

• Branch expansion

• Customer growth

• Efficiency ratio

• Loan approval rates