Tag:
David Trone
Latest Headlines
Latest Headlines
Bleak prognosis for Citi?
Here's how David Trone, analyst at Fox-Pitt Kelton, sees the prospects for Citigroup over the next 18 months: $18.5 billion loss in real-estate loans; $11.5 billion loss in commercial and industrial loans; $11.8 billion loss in credit cards; and $16 billion or so in losses from other loans.
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Hope rises for Morgan Stanley's earnings
Morgan Stanley is scheduled to report results on April 22. It's fair to say that the string of surprisingly good results from some of its banking peers in specific areas has lifted expectations a bit. In particular, investment banking activity was strong at several banks, including Goldman Sachs a
