Mike Mayo
Bank CEOs Seem Blindly Optimistic as Analysts Probe for Weakness
According to reports from Bloomberg Thursday, following a mess of earnings from Goldman Sachs (NYSE: GS), Citi (NYSE: C), Wells Fargo (NYSE: WFC), and JPMorgan (NYSE: JPM), many chief executives are expecting a better 2012 -- even as analysts tend to disagree.
With fourth-quarter trading and investment banking revs set to decline for the third-straight quarter, analysts have been pressing CEOs and CFOs for some insight on whether the drop is temporary or more long-term.
During ...
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