Wells Fargo’s (WFC) 4Q provisions for credit losses are $1.2B, which is up from $957M year-over-year. Kenneth Leon and David Chiaverini discuss bank stocks and bank stock earnings. They talk about how Citigroup (C) posted a $1.8B loss for the fourth quarter and JPMorgan Chase (JPM) is flat after reporting earnings. They preview next week’s bank earnings which include MS, GS, PNC, and USB. They also highlight that Citigroup is planning 20K job cuts. Tune in to find out more about the stock market today.