Timothy Sloan – President and Chief Executive Officer Don’t really know what’s going to happen “I mean the Fed has never had a balance sheet of this size. We’ve never been through a situation where they’re talking about reducing a … Continued
Tim Sloan Became concerned about used car values starting last year “We saw and became concerned about where used car values and where competitive pressures were going back to the middle of last year. We have been very transparent about … Continued
John Gerspach 1Q business performing in line with expectations “Sure, sure, sure. So first thing I’d say is that the businesses are largely performing in line with our expectations.” Largest driver of FICC is the macro environment “when you talk … Continued
SVB Financial’s (SIVB) CEO Greg Becker on Q4 2016 Results 2017 will be a year of liquidity for VC investments “As we look into 2017, we believe there are a lot of reasons to be positive. We are optimistic that … Continued
Phillip Green Customers are moving forward with plans they had delayed “As I have gone around the state, visiting all our locations during the month of December, one thing it was a consistent message was how many customers particular I … Continued
Bank of America’s (BAC) CEO Brian Moynihan on Q4 2016 Results Optimism is palpable “This quarter, investors have a lot – asked a lot of questions that they usually asked, but importantly, questions about the incoming new Presidential administration. Their … Continued
John Gerspach – Chief Financial Officer Few answers on what the Trump administration will do “I have very few answers… Almost none” Which is why the plan is to assume a similar environment to 2016 and be poised to … Continued
Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q4 2016 Results The economic picture is brighter in the US ” the economic picture is brighter in the U.S. The Fed appears likely to raise rates in the coming months and the … Continued
Douglas B. Petno – Commercial Banking CEO Good to get certainty on election, but health of economy is industry by industry ” I think it’s more of an industry story where you sit in the economy, where you sit geographically. … Continued
Neal Blinde – Treasurer Benefit from rising interest rate environment “the result that we just had in the US Election where we had some really significant short-term increases in the yield curve, which are a real positive and because we … Continued