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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
09/03/201401:31:51J.P. Morgan in Talks to Sell Oil-Supply Agreement
08/28/201414:25:10J.P. Morgan Working With Law Enforcement on Cyber Attack -- 3rd...
08/28/201414:17:23J.P. Morgan Working With Law Enforcement on Cyber Attack -- 2nd...
08/21/201419:36:44BofA Settlement Earmarks $7 Billion for Homeowners
08/21/201415:16:08Private Bankers Notably Absent From Fed's Symposium This Year
08/21/201409:50:07Bank of America Reaches $16.65 Billion Settlement
08/18/201412:22:47Banks, Retailers Speed Up Drive to Add Chips to Credit, Debit...
08/12/201420:39:13Banks Retreat From Market That Keeps Cash Flowing
08/08/201412:36:06Gemalto to Buy SafeNet for $890 Million
08/07/201409:43:14U.S. Hot Stocks: Hot Stocks to Watch
08/05/201416:10:12Trustees Seek More Time on Citigroup Settlement
08/05/201415:52:28Trustees Get Extension in Citigroup's Mortgage-Securities Settlement
07/30/201410:26:09Charterhouse Selects Banks for Armacell IPO -Reuters
07/29/201421:35:34General Electric's Finance Arm Bulks Up in Canada--Plots & Ploys
07/29/201418:06:25Bank of America Continues to Slash Loans in Russia
07/24/201412:10:09BofA to Pay $16.6 Million to Settle Alleged Sanctions Violations
07/24/201411:22:08BofA to Pay $16.6 Million to Settle Alleged Sanctions Violations...
07/22/201413:13:16Credit Suisse to Exit Commodities Trading
07/18/201418:44:35Rise in Fee-Based Business Helps Boost Broker Productivity
07/17/201401:36:37MARKET SNAPSHOT: Dow Hits Intraday Record; Apple, IBM Drive Gains

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