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2010 Will Be A Painful Year For Big Banks: Analysts Tell CNBC
Wednesday, February 3, 2010 - 11:07am | 96Talking with CNBC, Michael Pinto, senior market strategist with Delta Global Advisors, said that the banks are in a confused state right now. According to him, there are contradictory statements coming from the government. Pento said that the total loans and leases for banks have decreased by 7%...
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Outlook On Financial Sector In 2010; Bank Of Hawaii Corp.( BOH) To Do Well
Wednesday, January 6, 2010 - 5:01am | 161Financials are likely to remain stretched in Year 2010. According to Christopher Whalen of Institutional Risk Analytics, selective financial sector stocks are expected to deliver during this year. Lower interest rates coupled with Fed’s purchase of assets will take its toll on the financial sector...