In some markets we're seeing reasonably strong deposit growth and pretty much across the board, commercial and industrial, middle-market business loans are fairly robust. It's a sign the economy remains fairly strong.
More Quotes from Mark Batty:
The yield-curve flattening has certainly been challenging for banks. The winners and losers will be decided on how well they can generate revenues faster than expenses are growing.Mark Batty
The numbers looked good. American Express is benefiting from the longer-term trend of consumers and small businesses switching from cash and checks to credit cards.
Mark Batty
Results so far are consistent with strength in capital markets. There is significant strength overseas, and volatility in interest rates and commodities is presenting attractive opportunities for trading.
Mark Batty
About 90 percent of our revenue comes from online advertising,
Mark Batty
People are worried about possible net interest margin compression and credit quality deterioration, as well as slowing consumer loan growth.
Mark Batty
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