Fred Cannon - Keefe, Bruyette & Woods


Last quote by Fred Cannon

In our view the best strategy for most banks is to establish a sustainable regular dividend that can be increased over time and a share repurchase program that returns capital in excess of investment opportunities and dividends to
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Jun 26 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Fred Cannon is associated, including JP Morgan and Kovacevich. Most recently, Fred Cannon has been quoted saying: “Since the inaugural, many of the public policy issues that had been factored in have dissipated from the stocks. The rally has met reality. Now bank stocks have gone from very exciting, where everything's going to get better, to a show-me kind of a thing. The most troubling thing is the weaker-than-expected loan growth. If that persists into the second half of the year, the whole view that we're really going to get better growth plus higher rates plus blue-sky issues will really dissipate.” in the article Banks and Trump: 'The rally has met reality'.
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