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Richard Bove news from FierceFinance
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Citigroup's bailout: The reaction
The move by Citigroup (C) to repay its TARP obligations seems to some as motivated by a desire to keep up with Bank of America (BAC) more than an indication of the bank's reclaimed health. True, the... Read more...
Why is Richard Bove so bullish?
Richard Bove, the media's analyst of choice, has been a bank bull for some time now, but he's not about to tell anyone to take their chips off the table. In fact, he seems more willing to double... Read more...
Tough CEO search gets tougher at Bank of America?
So what would be worse for Bank of America: An interim CEO or a continuation of the Ken Lewis era? It's no surprise that Ken Lewis has signaled that he is willing to stay a bit beyond his planned... Read more...
The best job in banking?
Breakingviews suggests that for all the challenges, discussed at length here, whoever takes over as CEO of Bank of America will also be facing an incredible opportunity, one that few executives will... Read more...
Why has Morgan Stanley rallied?
John Mack, who delivered a riveting speech at Wharton recently, certainly took his lumps in the financial crisis. There were many calls for him to step down, and his bank was near the brink--but it... Read more...
Bove sinks Bank of America stock
Say what you will about the publicity-minded Richard Bove of Rochdale Securities, a firm that's known mainly for employment of the omnipresent analyst. He can definitely move stocks, and he's done it... Read more...
Bove to avoid instant on-air analysis
There are pitfalls to being the media's go-to guy on bank stocks. Richard Bove used to go on-air about a bank's earnings before seeing the release. But his comments about Wells Fargo (WFC) and his... Read more...
What to make of Citi's plans?
More than a few people are skeptical of Citi's plans to cut the ownership stake held by the federal government. You can understand why it would want to make such a move, but it's hard not to agree... Read more...
Bank of America-Merrill Lynch deal worth it after all?
The Financial Times weighs in on the Bank of America-Merrill Lynch deal a year later. It concludes that Bank of America certainly overpaid for the firm, but there have been benefits, as evidenced by... Read more...
Who will buy all those failed banks?
Richard Bove made some headlines with his prediction that up to 200 more banks will fail in the current financial crisis. That may actually strike some as fairly conservative. Meredith Whitney... Read more...



