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David Hendler Quotes
«There weren't any real black eyes for Merrill this quarter. It was good for them, and it was good almost everywhere.»
«It seems that the emphasis on expanding distribution outweighs the quest for positive operating leverage in the near term.»
«The end game is to sell out but they may want to do it at a higher valuation. The clock is sort of ticking on them but the company isn't feeling pressured to do something.»
«Stan O'Neal has rehabilitated Merrill over the last several years, but where is the next growth area? That's what people are wondering.»
«Merrill saw the most pickup in traditional retail. Morgan Stanley still seems like the problem child.»
«I think he definitely has a shot. It was their goal at the beginning of the season. It would be a real nice victory.»
«A flat or inverted curve has been difficult for banks to manage. But if there are associated inflation expectations built into the lower end of the curve, it might make it easier for banks to price loans, so the cost of funds is less than the yield on their assets.»
«If they can get it executed well, it's a great diversification play for Capital One.»
«The flat yield curve was really hurting them.»
«The brokers have been almost like the old Internet stocks. The stocks have been on a huge ride and they're starting to cool off and come back to reality.»