Surveillance: Transition Period with Zelter
Bloomberg Surveillance
00:00
The Importance of Deposit Growth in Banking
David Conrad: Bigger banks with diversified revenues and the scale are delivering, I think, better expectations as we move forward. What's more interesting to David, the deposit growth or lack thereof, or the loan growth or lack therein? BNY Mellon has had a multi-sevent 8% return over the last 10 years; JP Morgan just put up a high teens ROTCE with almost 14% capital.
Play episode from 34:22
Transcript
