Meredith Whitney appeared on “Bloomberg Surveillance” with
Tom Keene and Scarlet Fu and said that the banking industry will lose 50,000
more jobs as companies shrink headcount to match revenue. She said, “I would argue the banks have not
overfired and are really middle of the way through firing.”
Whitney also said that PNC Financial Services, U.S. Bancorp
and Wells Fargo & Company (WFC) are attractive stocks…..
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