Diana Yates
Diana Yates
billion coming earnings franchise fully grown integrate merger midst months next numbers
Their earnings are coming out today. They're in the midst of merger activity, they have grown their franchise from $6 billion to $75 billion with acquisitions here in St. Louis. The ... numbers will tell us more in the next say 12 months as they fully integrate (different) franchises.
bull cover cultural market sins
A bull market can cover a lot of sins and cultural issues.
bankers carry earnings far investment
M&A is not going to be enough to carry the day for investment bankers as far as earnings go.
business mix revenue
It's more their diversification. The business revenue mix is not all from the IPO activity.
across bankers bigger deal mean perception types
The Citigroup deal did mean a lot to bankers across all types of spectrums, ... The perception is that bigger is better.
capital companies dependent earlier earned equity gains key private venture
The key with Merrill is they're not as dependent on some of the venture capital private equity gains some of these companies earned earlier in the year, but have now lost.
accomplish couple cut earnings expenses last mergers potential
This is not a surprise. They had hinted they were going to do that that was one of the things they need to do to accomplish double-digit earnings growth. I would think Citigroup has a lot of potential to cut out some expenses when you look at all the mergers over last couple of years.
everybody giving opportunity spring
It's giving everybody an opportunity to do some spring cleaning.
bank fed financial full hearing mix regulate saying service time totally
We have been saying for some time that a bank is not a bank, ... and I think you are will hearing more of this, you know, look back at the Fed and what they had to regulate had 10, 20 years ago, it's totally different from a bank today, with the full financial service mix of products.
happened operating weaker
What would have happened to Citigroup under a weaker operating environment?