Richard Ramsden

Goldman Sachs analysts are cautiously optimistic about the prospect of major U.S. banks returning more capital to shareholders through buybacks and dividends. Thanks to regulatory changes and strong results in the Federal Reserve's latest stress tests (CCAR), the top five banks are sitting on an...

Goldman Sachs analyst Richard Ramsden raised the price forecast on JPMorgan Chase & Co. (NYSE:JPM) from $276 to $303, while reiterating a Buy rating following its investor day on Monday. CEO Jamie Dimon warned that markets are displaying an “extraordinary amount of complacency...

US Bancorp (NYSE:USB) reported upbeat first-quarter earnings on Wednesday. Here are some key analyst takeaways. Goldman Sachs analyst Richard Ramsden maintained a Neutral rating, while reducing the price target from $44 to $42. DA Davidson analyst Peter Winter reiterated a Buy rating, while...

JPMorgan Chase & Co (NYSE:JPM) reported strong fourth-quarter results, along with solid results by other US big banks. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On JPMorgan Chase Analyst Richard Ramsden...

Wells Fargo & Co's (NYSE:WFC) fourth-quarter results sent banking stocks surging on Wednesday. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Keefe, Bruyette & Woods On Wells Fargo Analyst David Konrad maintained a Market...

Bank of America Corp (NYSE:BAC) reported upbeat earnings on Tuesday for its third quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Oppenheimer analyst Chris Kotowski reiterated an Outperform rating, while raising the price target from...

Citigroup Inc (NYSE:C) shares recovered slightly in early trading on Monday after tanking on Friday, following the second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Oppenheimer On Citigroup Analyst Chris Kotowski...

Shares of Wells Fargo & Co (NYSE:WFC) recovered slightly in early trading on Monday, after tanking on Friday, following the second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs analyst Richard Ramsden...

The emerging scenario of sustained high interest rates could boost the profitability of U.S. banks. That’s according to Goldman Sachs analyst Richard Ramsden who, in a Monday note, expressed cautious optimism for the second-quarter earnings season. Among the first to report on July 12 are...

Shares of Bank of America Corp (NYSE:BAC) were rising in early trading on Wednesday, even as other financial stocks came under pressure after earnings. Here are some key analyst takeaways from the release. Goldman Sachs analyst Richard Ramsden reiterated a Buy rating, while reducing the price...

Citigroup Inc (NYSE: C) and other banking majors have lately been facing rising delinquencies in the commercial real estate sector. The firm is capable of delivering cost reductions, and has “significant capacity” to either repurchase stock or expand its balance sheet, “especially...

Bank stocks are off to a shaky start to 2020. Goldman Sachs updated its coverage of bank stocks on Monday, and the firm believes selection will be critical for back stocks going forward. The Analysts Goldman analyst Richard Ramsden downgraded UBS Group AG (NYSE: UBS) from Neutral to Sell and cut...

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...