Frederick Cannon

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Last quote by Frederick Cannon

While the near-term issue is the potential for a settlement with the U.S. Department of Justice, the longer-term issue is the depressed level of profitability of the bank and their inability to grow capital through earnings or raise capital in the market.
Oct 03 2016
Find all of Frederick Cannon’s quotes that have been published in 1 different article on this page. Frederick Cannon’s quotes are organized by date and topic, making it easy for you to compare, for example, what Frederick Cannon has said both recently, and in the past, on a variety of topics. Some of the topics Frederick Cannon likes to comment on include U.S. Department and Justice. Most recently, Frederick Cannon said, “We believe that what is occurring is a profitability crisis in global banking, particularly in Europe, as opposed to the balance crisis which occurred during the financial crisis. Market indicators of risk appear to be linked to reduced bank profitability, which makes retaining and raising capital difficult for banks.”.
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Quotes by Frederick Cannon

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