With earnings so strong for the time being, there is pressure for money to be deployed either in share buybacks or special dividends or to go out and spend it.
More Quotes from Gerry Rawcliffe:
One motivation that could be at the back of European minds is the danger of the American banks coming in.Gerry Rawcliffe
If a big French bank and a big British tank were talking of a merger, there would be scope for things to go awry if it's not clear who is running it.
Gerry Rawcliffe
So far there has been no doubt about who is taking over and who is running the show. It means that execution risk is kept at reasonably low levels.
Gerry Rawcliffe
The commercial rationale for cross-border mergers (in banking) remains a little tenuous and the evidence is not conclusive that cost and revenue synergies can be achieved.
Gerry Rawcliffe
Readers Who Like This Quotation Also Like:
Based on Topics: Time QuotesBased on Keywords: buybacks
I had about the biggest, longest wish list anyone could have, and 99 percent of what I wanted to get on the screen we got on the screen within our schedule and within our budget and within our resources.
Brad Bird
I think of John every day. I do try to block it, but December 8th is not the only day I think of him.
Yoko Ono
Look at Christ, my dear friend: His life was divine through and through, full of self-denial, and He did everything for mankind, finding His satisfaction and His delight in the dissolution of His material being.
Mikhail Bakunin