This Week’s Big Bank Earnings Give Clues About the Economy

Sometimes a cigar is just a cigar, according to Freud. But bank earnings announcements are always about more than their stocks alone. That’s why Wall Street anxiously watched Citigroup’s earnings report Monday morning. Even though profits and revenue beat estimates, shares were down about 0.4% as of midday. Bank stocks are considered bellweathers, and parsing […]

Schwab CEO Says Good Leadership Depends on Trust and Reputation

When Walter Bettinger talks about his leadership beliefs it’s all about strong values, trust, transparency and reputation. While many business leaders commonly use this language, for Bettinger, CEO of the Schwab Corporation(SCHW), it goes deeper than that. For him these are deep beliefs inculcated in him by his father. Bettinger talks about important advice he […]