Banks Are Cleaning House Of Their Bad Assets | Chris Whalen

Banks Are Cleaning House Of Their Bad Assets | Chris Whalen – Forward Guidance

Bullish:

$AMEX - Expressing excitement about American Express.
$AXOS - Highlighting Axos as an extremely well-managed bank.
$FCNB - Praising FCNB as a very well-run institution.
$SYNCHRONY - Noting Synchrony as one of the better performers.
$DISCOVER - Recognizing Discover as one of the better performers.
$STIFLE - Mentioning Stifle as a profitable smaller broker dealer.
$RAYMOND JAMES - Mentioning Raymond James as a profitable smaller broker dealer.
$JPM - Praising Jamie Dimon for managing the duration on JPMorgan's balance sheet well.
$SCHWAB - Noting Schwab's strategy of taking advantage of their customer base.
$US BANK - Describing US Bank as an interesting play with a vast payment platform.
$PINNACLE FINANCIAL - Highlighting Pinnacle as a well-run bank acting with purpose.
$AMERIPRISE - Expressing excitement about Ameriprise for building value.
$GOLDMAN SACHS - Acknowledging Goldman's strength in performing well across the board.
$MORGAN STANLEY - Noting Morgan Stanley's good results in capital markets and trading.
$CAPITAL ONE - Discussing Capital One's higher costs and hopes for merging and expense management.
$CITI - Highlighting Citi's valuable asset and potential for a strategic merger.
$ALLY - Discussing Ally's high cost of funds and different client bases.
$SOFI - Praising SoFi's astute management and different banking strategies.
$BANK OF THE OZARKS - Mentioning Bank of the Ozarks' results and involvement in construction.