Bloomberg Businessweek cover image

Big Banks Bolster Earnings Season

Bloomberg Businessweek

00:00

The Shadow Banks and the Consumer Cliff

Shanali: How much do consumers care about higher rates? Shanali: It's not like there is crazy demand. But at the same time, credit card growth, you know, was double digits for city group. Shanali: The worst story for a bank is to be an agent for principal investors where they just get a commission.

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