R. Christopher WhalenJul 23, 20215 minProfile: Bank of America (BAC)BAC is the worst performing bank in the top-five US commercial banks and often underperforms the average for Peer Group 1.
R. Christopher WhalenJul 12, 20213 minQ2 2021 Bank Earnings Setup | GS, JPM, FRC | NIM Lower for LongerCheap liquidity c/o the FOMC does little for bank earnings when asset returns are also falling
R. Christopher WhalenJun 17, 20219 minUpstart Holdings: Victory for AI? Or Not...While the progress in machine learning is impressive, horsepower in terms of computational capacity does not translate into intelligence.
R. Christopher WhalenJun 3, 202110 minThe IRA Bank Book Q2 2021: Lower Earnings AheadIf you back reserve releases out of Q1 2021 bank results, revenues and earnings were down and trend is headed lower due to QE
R. Christopher WhalenApr 22, 20216 minCitigroup: Breaking Up is Hard to DoCiti has drifted through years of government ownership and weak leadership by the board of directors