Charlie Peabody

Charlie Peabody and Brent Erensel from Portales Partners dive deep into the evolution of banking, comparing today's industry to pre-financial crisis days. They examine regulatory impacts like Dodd-Frank and the rise of private equity, shedding light on transparency challenges. Concerns about bank stocks and market sentiments unfold, drawing parallels to historical crises. With a focus on the controversial CECL accounting, they discuss how banks are adapting to safeguard against downturns, while pondering the future landscape of mergers and acquisitions in the banking sector.