Robert Berkley A ground swell of competition “Without a doubt there is a grown ground swell of competition. You can see it manifesting itself in a couple of difference ways. A couple of macro observations will be the standard markets, … Continued
Kenneth Moelis – Chairman and CEO Companies waiting to see what happens with tax before inverting “there’s a hold waiting to see what happens with tax. I think there were some industries that felt like the U.S. tax rate was … Continued
Raymond W. McDaniel, Jr. Certainly has been some pull forward financing We certainly think that there has been pull-forward into the first half, including the second quarter. How much opportunistic financing is still going to occur in the second half … Continued
Richard Fairbank Exceptional opportunity has run its course, now just a good opportunity “we believe the opportunity to grow continues in the card business. What I would say is the exceptional opportunity has mostly run its course and now there’s … Continued
Kelly King – Chairman and Chief Executive Officer Main street continues to rebound “I just want to mention to you again that Main Street continues to rebound. Our confidence is up. I’ve been in 23 of our 26 regions in … Continued
Andy Cecere Strong growth in middle market “the areas of growth continue to be in few — middle market is doing exceptionally well, that’s in excess of 2% on a linked quarter basis and we continue to see that accelerating … Continued
Tim Hockey – President and Chief Executive Officer Investor engagement has been resilient “Investor engagement has been resilient. High trading volumes despite ongoing volatility. We’re seeing very, very healthy trends and new funded account growth, and asset inflows from both … Continued
Paul Donofrio Changed disclosure to headcount from FTE “Please note that we have changed our disclosure on employees from FTE to headcount this quarter. By the way, that was the same idea from one of our associates. FTE is much … Continued
Martin Chavez – CFO Rising market values and low volatility “many of the themes that we discussed during the first quarter continued into the second, rising market values and low volatility. On one hand, rising market prices were supportive of … Continued
Mike Corbat – CEO Asia and Mexico growth is reasonable ” sequential growth and positive operating story continuing in Asia and in Mexico. And I would say that those environments are reasonable environments. They’re growing well, we’d like them to … Continued