Yields, Car Tech, Bank Earnings, and ETFs (Podcast)
Bloomberg Intelligence
00:00
Is Jamie Diamond Being Conservative?
I think the banks are trying to be conservative. They're trying to give one quarter of guidance and getting boxed into a full year out. I think that's, you know, if you look at the pre-tax, a pre-provision profit, so what they're earning outside of those credit costs, they're well covered. And in fact, this quarter, 20%, return on tangible equity. That's pretty remarkable and a tough environment.
Play episode from 22:16
Transcript
