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$USB 2Q15 Call – Richard Davis, CEO: Total net charge-offs decreased by 15.2% from 2Q14 and increased modestly from 1Q15, due to lower recoveries. Common equity tier 1 capital ratio under Basel III standardized approach is fully implemented; 9.2% at June 30. Returned 76% of earnings to shareholders through dividend & 14MM shares repurchased.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.