Gerard Cassidy - RBC Capital Markets
Last quote by Gerard Cassidy
I think what we're going to see is lower expenses for the regulatory costs for these banks…it's going to free up more capital. There's no need for that. Because of the toughness of the Federal Reserve they haven't been able to give it [capital] back more aggressively. We need to have an ample amount of capital, they need to be regulated, but the pendulum swung too much and now it needs to come back and it will come back.feedback
Gerard Cassidy has been quoted 3 times in 3 different articles. On this page, you will find all of Gerard Cassidy’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Gerard Cassidy speaks about are Wells Fargo and CitiGroup, for example. Most recently, Gerard Cassidy was quoted in the article RBC analyst: The scandal isn't the only thing hindering Wells Fargo saying, “In particular, the debt underwriting and the FICC trading areas were extremely strong for both JPMorgan and CitiGroup, and of course, Wells Fargo is not in those businesses.”.
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Quotes by Gerard Cassidy
Oct 14 2016
In particular, the debt underwriting and the FICC trading areas were extremely strong for both JPMorgan and CitiGroup, and of course, Wells Fargo is not in those businesses.feedback
Jul 15 2016
If there's no action on the short end of the curve, and the yield curve continues to flatten these banks are going to still have that headwind to combat.feedback
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