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GS: Mgmt Keen Not To Ramp Consensus; Laterals Still Positive For BARC, DBK, BAC

FINANCIALS

Goldman conf call has just finished and three key operational takeaways which is basically guidance not to get too excited about these positive results, in our view. Mgmt were pushed on raising equity payouts again but demurred. We should see this as at least a minor credit positive after the call. Still, these results are a good sign for Deutsche, Barclays and BoA.


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Goldman conf call has just finished and three key operational takeaways which is basically guidance not to get too excited about these positive results, in our view. Mgmt were pushed on raising equity payouts again but demurred. We should see this as at least a minor credit positive after the call. Still, these results are a good sign for Deutsche, Barclays and BoA.


Keep reading...Show less