Hints and tips:
...But that is what could be on cards according to Arturo De Frias Marques, the bank watcher at Evolution Securities....
...Arturo de Frias, head of banks research at Evolution Securities, is admittedly a Barclays bear, and has warned that Barclays’ buying into this sector — still a toxic hot zone for Spain sovereign risk — means...
...According to Arturo de Frias, head of banks research at Evolution, Diamond Bob said three things today. 1) Barclays will generate a 15 per cent Return on Tangible Equity (RoTE) by 2013. 2) BarCap...
...“We still identify important risks that can compromise Barclays’ long-term performance and bring additional pressure to the [profit and loss] or capital base,” wrote Arturo de Frias, an analyst at Evolution...
...Arturo de Frias, Evolution Securities’ Spanish banks watcher, isn’t convinced many cajas will get that private backing....
...Here’s Evolution Securities’ banks analyst Arturo de Frias on Wednesday: Increasing focus on Portuguese banks’ funding....
...Shares are often measured against net assets – the forward ratio is 1.6 times for HSBC and 1.8 times for Standard Chartered, according to Arturo De Frias of Evolution....
...And indeed, some banking analysts are expecting banks to “rally hard” (Evolution’s Arturo de Frias) if significant sovereign relief, like an upsized EFSF, were to happen....
...But none of them are doing it in quite the style of Arturo de Frias, head of banks research at Evolution Securities, who is taking a very big picture, top-down approach: Morning, following my email from...
...“We simply cannot believe that investment banks will be able to reduce their RWAs by tens of billions without materially affecting their revenue generation,” Arturo de Frias, an analyst at Evolution, said...
...That’s the view of Arturo de Frias, head of banking research at Evolution Securities. He’s been comparing the sell-off in European banking shares with potential worst-case loss outcomes....
...Guest: Arturo de Frias - head of banks research for investment bank Evolution Securities In the studio: Brooke Masters the FT's chief regulations correspondent and Sharlene Goff, the FT's retail banks correspondent...
...In the current cycle, the banks with well-run retail operations, as well as exposure to fast-growing emerging markets in Asia and Latin America, have the most upside, said Arturo de Frias, head of banks’...
...Arturo de Frias, analyst at Evolution Securities, says: “Bob Diamond has been the main force driving the very successful expansion of BarCap....
...As Arturo De Frias Marques and his team observe, bank exposure overall is not very visible — the ones that do report numbers tend to have little exposure anyway....
...Arturo de Frias, analyst at Dresdner Kleinwort, wrote recently Santander is able to carry out a deal worth €4bn-€5bn (£3.2bn-£3.9bn), but noted the Spanish bank appeared to be focused on Germany....
...A selection: Arturo De Frias, Dresdner Kleinwort It was “not if but when”… and Barclays finally launched a £4.5bn capital raising....
...De Frias says, reiterating the bank’s decision to upgrade the sector last week....
...De Frias said, adding that the market is discounting too extreme a scenario for the banks....
...However, writes Arturo De Frias at DK: “it is fair to say that in previous periods of market turbulence the ‘pros’ (the investment banks) have been very good at limiting risks.”...
...Arturo De Frias at Dresdner Kleinwort said he expected the rival RBS/Fortis/Santander consortium to present a more concrete proposal “on or before May 27” and reiterated a “buy” rating on the stock with...
...“We estimate cost synergies of 25 per cent in Brazil and 20 per cent in Antonveneta,” strategist Arturo De Frías said. Santander shares gained 2 per cent over the week to €13.47....
...“We see this as an almost unbeatable combo,” said Arturo De Frias, analyst at Dresdner Kleinwort....
...Arturo De Frias, at Dresdner Kleinwort said: “Not only is the survival of Capitalia at stake; its 9 per cent in Mediobanca is a key asset, therefore a domestic solution seems to be the favoured one and this...
...De Frias, an analyst at Dresdner Kleinwort...
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