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In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding the ....
Orders thats weighing on the dow nasdaq about 4 itself today s p up about 3 , sara. Weve got big news coming up on todays show. Wells fargo ceo joins us to break down the Small Business loans and impact of pandemic on the bank then later, well speak exclusively with the ceo of Carnival Cruise lines as a they take a huge hit. Carnival shares down about 75 this year. Well have the ceo if and when the industry can get back on its feet with 59 minutes left of trading, lets focus in on the big stories. Wilfred has the news on the Bank Earnings meg with the treatments and vaccines and Steve Liesman wi k34e7b9s from two fed officials. Gl they had opened hirer this morning, jpmorgan and wells fargo. Provisions for potentially bad loans spiked 8. 3 billion for jpmorgan, 3. 8 ....
You can take your seats. We want to take advantage ofg to the opportunity to give the secretary some time for the give and take and the dialog that we are going to embrace here for the next couple ofhink hours. I think we can proceed on the first issue so that we can get so, firs to the chairman, it is of no controversy. Mor so, first, let me call the waysa and Means Committee to order, before turning to our hearing thise morning, the committees aint budget for fiscal year 1974. 2021 in accordance with the congressional budget act, of 1974 in house rules for f, you will find a copy of the letter ininbr front of them, you will receiveubmit it in advance of todays notice the. Thank you for working with me on refl able to wholcan submit a conse document that reflects the a priorities of the ways and n means community. They will consider as open for amendment r at any point, and if there are no amendments i will now recognize mr. Tho ....
You can take your seats. We want to take advantage ofg to the opportunity to give the secretary some time for the give and take and the dialog that we are going to embrace here for the next couple ofhink hours. I think we can proceed on the first issue so that we can get so, firs to the chairman, it is of no controversy. Mor so, first, let me call the waysa and Means Committee to order, before turning to our hearing thise morning, the committees aint budget for fiscal year 1974. 2021 in accordance with the congressional budget act, of 1974 in house rules for f, you will find a copy of the letter ininbr front of them, you will receiveubmit it in advance of todays notice the. Thank you for working with me on refl able to wholcan submit a conse document that reflects the a priorities of the ways and n means community. They will consider as open for amendment r at any point, and if there are no amendments i will now recognize mr. Tho ....
Happens to people when work disappears and i wanted to wear American Made clothing and i was, i remember standing in the dressing room of nordstroms saying why, cant i find one thing that looks good on me that made in america . And i wondered where all those companies went. So, so thank you for answering my question. So just just to kick us off, can you tell us a little bit about the characters, your main characters, this wonderful couple you follow and their company. What are they all about . And what was what were they trying to create . Just introduce us, bring us into this world. Absolutely so id like to introduce. To the world. Ben whitney waxman, they are a husband and wife team. They are from portland, maine, where they live in portland, maine, actually, whitney not from maine. Shes she has lived around the world. And when they met they were both at a moment of great ben had spent ten years very high up at the afl cio workin ....