Dick Bove
Dick Bove
cathy clearly consumer emerges expected help management marketing problem propel successful top wind
Clearly no one would have expected someone who has been as successful as Cathy has been in consumer marketing to wind up in the payments-services business. But on the other hand, if she emerges as a problem solver, this could help propel her to the top management ranks.
bank brand deal dominant market seal winner york
This deal is a winner for J.P. Morgan. The bank is already the dominant brand in the New York metropolitan market and this deal will seal that dominance.
games lower maturity month mortgage simply stimulate stretching
It is a kind of a way to play games with monthly payments. Stretching out the mortgage maturity is simply a way to lower month payments and stimulate sales.
accounting again area bank banking companies derivative difficulty earnings encourages event highlights large low reason
This event highlights once again the difficulty in determining earnings for derivative transactions. It also encourages those who feel that bank accounting in this area is weak. It is a reason why many large banking companies have such low multiples on their stock.
apparently qualify
These transactions did apparently qualify for the 'long haul' treatment.
case company easier expensive sale
It makes a sale of the company easier in one case and more expensive in the other.