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Meredith Whitney: Sees Big Banks Becoming Much Smaller -CNBC

Analyst Meredith Whitney said on CNBC Wednesday that she expects big U.S. banks to become "a lot smaller," not because they will be broken up but because "shareholders will force them to become a lot more profitable." Ms. Whitney said she sees a big bank like Bank of America (BAC) for instance becoming a "much more efficient, streamlined business." Full story at www.cnbc.com Write to nymonitoring@dowjones.com

Stock News for Bank of America (BAC)
DateTimeHeadline
06/30/201612:10:00Visa, MasterCard Class-Action Settlement Rejected by U.S. Court
06/30/201609:39:00U.S. Hot Stocks: Hot Stocks to Watch
06/30/201603:40:00Hong Kong Regulator Censures Bank of America
06/30/201603:04:00Fed Clears Most Big Banks for Dividends -- WSJ
06/29/201619:52:00Fed Stress Tests Clear 31 of 33 Big U.S. Banks for Capital Returns...
06/29/201617:59:00Fed Stress Tests Clear 31 of 33 Big U.S. Banks for Capital Returns...
06/29/201617:49:00Bank of America to Buy Back Up to $5 Billion in Stock, Boost...
06/29/201617:21:00Bank of America to Buy Back Up to $5 Billion in Stock, Boost...
06/29/201617:10:00Fed Clears 31 of 33 Big Banks for Capital Returns
06/29/201616:59:00Fed Approves Bank of America's Capital Plan
06/29/201616:42:40Current Report Filing (8-k)
06/29/201603:03:00Supreme Court Will Hear Appeal on ATM-Fees Case -- WSJ
06/28/201613:29:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/28/201613:08:00Supreme Court to Hear Case on ATM Fees -- 2nd Update
06/28/201611:30:00Supreme Court to Hear Case on ATM Fees
06/28/201611:17:00Supreme Court to Hear Case on ATM Fees -- Update
06/28/201610:57:09Annual Report of Employee Stock Plans (11-k)
06/28/201610:55:46Annual Report of Employee Stock Plans (11-k)
06/28/201610:43:00Supreme Court to Hear Case on ATM Fees
06/28/201603:02:00Bank Stocks Lead a Global Selloff -- WSJ

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