Egan Sees 'Four Negative Trends' For Major U.S. Banks

Lisa Murphy Still

Sean Egan, president of Egan-Jones Rating Co., talks about Standard & Poor's cut in the credit ratings of Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

 

He speaks with Lisa Murphy and Adam Johnson on Bloomberg Television's Street Smart.

Source: Bloomberg

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