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Diana Yates Quotes
«Their earnings are coming out today. They're in the midst of merger activity, they have grown their franchise from $6 billion to $75 billion with acquisitions here in St. Louis. The ... numbers will tell us more in the next say 12 months as they fully integrate (different) franchises.»
«The third quarter will be the bottom,»
«The key with Merrill is they're not as dependent on some of the venture capital private equity gains some of these companies earned earlier in the year, but have now lost.»
«The strong are getting stronger. There are more opportunities to buy at a cheaper price.»
«This is really about cutting expenses, ... You need the volume to create the synergies of scale. When you look at Citigroup, they have been looking to get bigger, particularly on the consumer side.»
«This is not a surprise. They had hinted they were going to do that that was one of the things they need to do to accomplish double-digit earnings growth, ... I would think Citigroup has a lot of potential to cut out some expenses when you look at all the mergers over last couple of years.»
«The Citigroup deal did mean a lot to bankers across all types of spectrums, ... The perception is that bigger is better.»
«What would have happened to Citigroup under a weaker operating environment?»
«The Y2K concern just never really came to be, ... There doesn't appear to be any slowdown. It's definitely looking like this is going to be a trend.»
«It's more their diversification. The business revenue mix is not all from the IPO activity.»