Judah Kraushaar Quotes (5 Quotes)

They will probably get rid of low-level jobs in high-cost cities, such as London, New York and Hong Kong.

Multinationaltrust banks will probably broadly deliver on Wall Street estimates. However, we expect the quality of earnings to be poor as securities gains and other unusual items will commonly be used to offset weak trading results.

We would not be surprised to see 4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growthhigher margin businesses.

This is very consistent with Citigroup's strategy to build and internationalize its key businesses and also to focus on businesses it thinks it can grow at a very rapid pace. Over the past 10 years, Associates First has had 23 percent compound growth in pre-tax earnings and a high growth operation ... which is consistent with Citibank's focus on acquiring high-growth targets.

To explain the initial positive stock price reaction, we point out that investors seem to be taking their cue from the prospects for lower interest rates and from the realization that Goldman Sachs was able to avoid a big reported EPS disappointment even