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The Story Behind JPMorgan's Job Cuts
Posted
February 26, 2014
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February 26, 2014
1,787
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4:24Now PlayingFeb. 25 (Bloomberg) --- Macquarie Managing Director & Head of U.S. Bank Research David Konrad and Bloomberg's Keri Geiger discuss JPMorgan cutting 8,000 jobs as its mortgage business shrinks, while trying to control costs at its branches. They speak to Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
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Bloomberg Television's "Taking Stock With Pimm Fox" brings you cutting edge market analysis after the closing bell. Anchor Pimm Fox, together with a team Bloomberg's leading on-air reporters such as Carol Massar, Cristina Alesci, and Julie Hyman provide more than just the earnings headlines. On "Taking Stock," you'll learn the reasons driving earnings per share, revenues, net income, quarterly outlooks, dividend payments and share buybacks from the companies leading the S&P 500, the Nasdaq, and the Dow Jones Industrial Average. Top companies often covered on "Taking Stock" include Best Buy, Carnival, Yahoo, Goldman Sachs, JPMorgan, Apple, Clearwire, Netflix, Google, Amazon, General Electric, Chesapeake Energy. Additionally, "Taking Stock" features interviews with cultural figures and a weekly "Mystery Guest" segment. Broadcasting daily from Bloomberg's headquarters in New York at 5pm ET/2 pm PT, "Taking Stock" is the place to get not just breaking business news - but the context of what it means going forward.
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Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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