Susan Roth
Susan Roth
america cap earnings large low material range trades
At $40, (Bank of America) trades at the low end of the valuation range for the CSFB Large Cap Banks, discounting a material earnings shortfall.
bought chase follow map road seem type
The road map you don't want to follow is B of A Montgomery. Chase typically been a much better partner. They don't seem to take a 'we bought you, we own you' type of approach.
bottom couple equity falls huge nick reality small
It's not a huge deal. It's a logical, low-risk entree into the equity underwriting business, ... The reality is that it is small for Chase, so if the bottom falls out, it's going to nick them only a couple of pennies.
activity picked strong
Underwriting revenues and M&A activity picked up as 2003 progressed; 2004 is off to a strong start,