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[OFFSHORE INVESTING] Bank Earnings, Subprime Mortgages, and Mobile Payments Keep Going!

Decusatio > Our Views > [OFFSHORE INVESTING] Bank Earnings, Subprime Mortgages, and Mobile Payments Keep Going!

The big U.S. banks kicked off third-quarter earnings season, and the results are pretty strong. Plus, Wells Fargo (NYSE: WFC) reported some much-needed good news. Elsewhere in the financials sector, it looks like zero-down subprime mortgages could be making a comeback, Paypal (NASDAQ: PYPL) is taking a big step towards monetizing its popular Venmo app, and Square’s (NYSE: SQ) CFO departure is putting tremendous pressure on the stock.

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