Hints and tips:
...Send us your thoughts on the retail sector: robert.armstrong@ft.com and ethan.wu@ft.com. Banks and the soft landing Is it finally safe to buy bank stocks?...
...If you, too, are seeing the bright side in dark times, by all means email me: robert.armstrong@ft.com The long end looks (a little bit) better Last week the 10-year Treasury yield rose 29 basis points,...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...“If trajectories of deposit growth, don't change . . . there will be some challenges for JPMorgan and Citi sometime in 2022” assuming current regulatory standards stay in place, said RBC analyst Gerard Cassidy...
...You've got Romney, Cassidy, just a handful of Republicans that have really stood up amidst impeachment and said, look, we have a moral core here....
...“Investors are looking through the positive news on credit and are concerned about future revenue growth due to the low interest rate environment,” said Gerard Cassidy, analyst at RBC Capital Markets....
...“We expect to see a smooth transition . . . and believe she is well qualified to be the new CEO,” said Gerard Cassidy, analyst at RBC. John Dugan, Citi’s chairman, paid tribute to Mr Corbat....
...Analysts largely agreed, including RBC analyst Gerard Cassidy who told clients: “Overall, JPM posted a decent underlying first-quarter results in the midst of unprecedented headwinds.”...
...“We believe all of the senior executives and board members that were tainted by the scandal will need to step aside as part of the resolution of the problem,” Gerard Cassidy of RBC Capital Markets wrote...
...Gerard Cassidy, a research analyst at RBC Capital Markets, said: “The big banks are making larger payouts than expected. Dividends are up, buybacks are up, and the banks are all well capitalised.”...
...Gerard Cassidy, a banks analyst at RBC, thinks that Wells’ radically decentralised structure, which led to the scandal, was also one of the reasons for the history of strong financial results....
...Additional reporting by Robert Armstrong...
...Armstrong makes a wise and passionate case for a God of myth rather than reason, of wisdom rather than knowledge....
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