Tag:
Mike Mayo
Latest Headlines
Latest Headlines
Mike Mayo markets his new book
If there's one thing that reporters and producers love, it's an outspoken and accessible analyst.
It helps if they know what they are talking about. So you've got to be glad that for every 10 or so traditional sell-side analysts--worried about their standing with executives at covered companie
Why Bank of America shut out analyst Mike Mayo
You have to give Crédit Agricole Securities Mike Mayo credit. He is not afraid to get tough with bank executives.
He caused quite a stir when he went public with his dispute with Citigroup management, all but demanding--and eventually getting--a meeting with the top executives, including CEO V
Bank of America CEO Moynihan faces tough challenges
So how far will Brian Moynihan go to undo the legacy of his tainted predecessor, Ken Lewis, who left the bank on the brink of ruin for Moynihan to rebuild? The CEO of Bank of America faces an array of challenges that presents the opportunity to do something dramatic.
The recent U.S. downgrade
Analyst Mayo vs. Citigroup chairman Parsons
Mike Mayo, an esteemed bank analyst with a long history, has not been shy about taking on Citigroup ( NYSE: C ) management. Recall his earlier dispute with CEO Vikram Pandit and CFO John Gerspach over his alleged blackballing. He has also accused them of Sarbanes-Oxley attestation violations amo
Mike Mayo raps Citi over Sarbox lapse
Is esteemed CLSA bank analyst Mike Mayo picking another fight with Citigroup ( NYSE: C )? The two have had a strained relationship as of late, though a meeting was recently arranged to iron out some differences after Mayo went public with the dispute. In a new salvo, Mayo is accusing the bank an
Citigroup's aging branches spawn criticism
There was once a day when Citigroup ( NYSE:C ) was a leader in retail branch technology. But that heyday has long passed. Esteemed CLSA banking analyst Mike Mayo is more than happy to drive home the
Does Bank of America regret Countrywide deal?
Bank of America (NYSE: BAC ) touted its deal in July 2008 to buy Countrywide as a terrific value, a chance to buy up lots of assets on the cheap. But has buyer's remorse settled in? Clearly, ex-CEO Ken Lewis could not have predicted the kind of liability the mortgage giant packed.
"Since th
Bank of America to consider bankruptcy protection for Countrywide
This is not a good sign. The media discussion of Bank of America's (NYSE: BAC ) foreclosure fiasco options now include a Chapter 11 bankruptcy filing for Countrywide, which it acquired in 2008.
It's still hard fathom what a mortgage leviathan Bank of America became thanks to the deal. At th
Analyst Mike Mayo meets with Citigroup executives
We've long maintained that banks are better off engaging their critics in the analysts and media ranks. The punitive route can easily backfire, something we witnessed in the battle between analyst Mike Mayo and Citigroup's top executives.
After two years of being frozen out, Mayo went public w
Citigroup still facing criticism from Mike Mayo
Citigroup's ( NYSE: C ) grudgingly granted upcoming meeting with Mike Mayo is not making the respected analyst any more reticent about sharing views about the bank. It will apparently take much more than a meeting to do that.
Mayo, who will meet with CEO Vikram Pandit and CFO John Gerspac
