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Long-Haul Bankers
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Author Long-Haul Bankers
rffrydr
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Joined: 30 Oct 2005
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PostPosted: Mon Jun 04, 2007 11:38 pm    Post subject: Long-Haul Bankers Reply with quote

KMPG survey is talking 1-2 decades before profitablity. Seems they don't like fees or creditcards over that way--and with 2 trillion in the bank maybe it's an idea before its time:

http://search.ft.com/iab?queryText=Sundeep%20Tucker%20KPMG&y=8&aje=true&x=12&id=070319000865&location=http%3A%2F%2Fsearch.ft.com%2FftArticle%3FqueryText%3DSundeep+Tucker+KPMG%26y%3D8%26aje%3Dtrue%26x%3D12%26id%3D070319000865&referer=http%3A%2F%2Fsearch.ft.com%2Fsearch%3FqueryText%3DSundeep+Tucker+KPMG

The IPO stakes are an exception to that rule...and maybe behind Merrill's surprise drop today?
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