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The $29 Billion Deal That Could Change the Way We Bank

The $29 Billion Deal That Could Change the Way We Bank

Square shares surging more than 10% after announcing a deal to buy Australian fintech firm Afterpay. But the real question is what the deal means for big banks as they face growing competition from the financial upstarts. Plus Fundstrat’s Tom Lee joins us with a bullish forecast for August. Why he says a rising tide might just lift all sectors.

CNBC's "Fast Money"

August 2, 202143m 36s

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Show Notes

Square shares surging more than 10% after announcing a deal to buy Australian fintech firm Afterpay. But the real question is what the deal means for big banks as they face growing competition from the financial upstarts. Plus Fundstrat’s Tom Lee joins us with a bullish forecast for August. Why he says a rising tide might just lift all sectors. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.