Tag:
Depression
Latest Headlines
Latest Headlines
Bove on the future of Citigroup
Richard Bove--a veritable media figure these days, the "dean of banking analysts" according to Barron's-- is bullish on Bank of America and Citigroup. Speaking of the latter, "If you think we are going into a depression, Citigroup is not going to do well, and the rest of the American banking sy
Bove says Citi fears are overblown
"It would take a Depression every bit as large and long as the 1930s debacle to shake this company's viability." So wrote analyst Richard Bove about Citi. He thinks the fears are overblown, even as he admits he has gotten several calls from people wondering if Citi was about to fail. There was a t
