Betsy Graseck

Ally Financial Inc (NYSE: ALLY) shares traded higher by 1.3 percent Tuesday after the company announced a much larger than expected $1.25 billion 2019 buyback plan. Ally is not a Category IV bank this year and won't be subject to the annual CCAR by the Federal Reserve. Ally’s $1.25...

State Street Corp (NYSE: STT) shares have taken a beating since the company announced the $2.6-billion acquisition of Charles River Development. The Analyst Morgan Stanley analyst Betsy Graseck upgraded State Street from Equal-weight to Overweight and hiked the price target from $109 to $115...

Banking giant Wells Fargo & Co (NYSE: WFC) removed a major overhang last week, as it not only passed the Federal Reserve's stress test, but announced a much better than expected capital return program, according to Morgan Stanley. The Analyst Morgan Stanley's Betsy Graseck upgraded...

The Federal Reserve issued a consent order Friday that limits Wells Fargo & Co (NYSE: WFC)'s average asset size to its fourth-quarter 2017 levels of $1.95 trillion. The move is expected to cost the bank $400 million in earnings this year and prompted Morgan Stanley to drop its...

Wells Fargo & Co (NYSE: WFC) was recently pulled up by regulatory agencies for allegedly opening fake savings and credit accounts without customers' volition. The misconduct was done apparently to meet an employee sales goals program the company ran, which was necessary for determining...

In a new report, Morgan Stanley analyst Betsy Graseck discussed what bank investors can expect if the U.S. falls into a recession or if market fears end up overblown and the economy remains stable. According to Graseck, the risk/reward balance is currently moderately bullish. Morgan Stanley...

Morgan Stanley has cut its Q3 earnings estimates for U.S. banks by about 1.0 percent. The firm believes more earnings cuts will likely come in the next two weeks. Morgan Stanley sees a buying opportunity if earnings cuts pressure share prices. With Q3 earnings season for big U.S. banks set to...

The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: ‘Great Execution' Supports Owning Western Digital Joe Wittine of Longbow Research maintained a Buy rating on...

In a new report, Morgan Stanley analyst Betsy Graseck discusses the firm’s bullish outlook for large-cap bank stocks. While Morgan Stanley’s forecast for Q2 earnings season is mostly in-line with consensus, Graseck believes that the guidance issued by many big-name banks will soon...