Financials: Third-Quarter Bank Earnings, Subprime Mortgages, and The War on Cash Continues

<p>The big U.S. banks kicked off third-quarter earnings season, and the results are pretty strong. Plus, <strong>Wells Fargo</strong> (NYSE: WFC) reported some much-needed good news.</p> <p>Elsewhere in the financials sector, it looks like zero-down subprime mortgages could be making a comeback, <strong>Paypal</strong> is taking a big step towards monetizing its popular Venmo app, and <strong>Square’</strong>s CFO departure is putting tremendous pressure on the stock. In this episode of <em>Industry Focus: Financials</em>, host Jason Moser and Fool.com contributor Matt Frankel discuss all of these news items and more.</p>