This clip is interesting background on Meredith's career and the evolution of the banking sector over the past 20 years. (The interviewer is incredibly uniformed in finance though). Meredith Whitney, CEO of Meredith Whitney Advisory Group LLC was the first financial analyst to predict major losses for Citigroup, one of the nation's largest financial services companies. Program from Sunday, September 5, 2010. (Hat tip: Cory V.)
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Cory’s Chart Corner
Wow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothDanielle DiMartino Booth @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
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