Breaking Down the U.S. Bank Earnings Season

What was a significant issue for Wells Fargo in the discussed quarter?

• Increase in lending growth

• Stable lending growth

• No change in lending growth

• Decrease in lending growth

What did Bank of America focus on to improve its efficiency ratio?

• Increasing revenue

• Reducing expenses

• Acquiring new banks

• Expanding credit card offerings

Who praised Bank of America's CEO for his performance?

• John Shrewsbury

• Paul Donofrio

• Tim Sloan

• Warren Buffett

Which bank focused on prime and super prime customers to manage credit card provisions?

• Bank of America

• Citibank

• JP Morgan

• Wells Fargo

What was a common issue faced by Citibank and JP Morgan in the credit card segment?

• Decrease in credit card provisions

• Stable credit card performance

• Increase in provisions for credit losses

• Increase in credit card usage