In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the day's headlines. Among the newsmakers they discuss are Wells Fargo's (NYSE:WFC) recent decision to cut workers and a few top holdings in the hedge fund world.

David Hanson owns shares of Goldman Sachs, Apple, JPMorgan Chase, and American International Group. Matt Koppenheffer owns shares of Goldman Sachs, Bank of America, Apple, JPMorgan Chase, and American International Group.

The Motley Fool recommends American International Group, Apple, Bank of America, General Motors, Goldman Sachs, Google, Visa, and Wells Fargo. The Motley Fool owns shares of American International Group, Apple, Bank of America, Citigroup, Google, JPMorgan Chase, Visa, and Wells Fargo and has the following options: long January 2014 $25 calls on American International Group. Try any of our Foolish newsletter services free for 30 days.

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