Report
Colin Plunkett
EUR 101.80 For Business Accounts Only

We Prefer Banks With Individual Issues to Rate-Sensitive Names

We believe the time is right for investors to rotate away from rate-sensitive banks into the stocks of companies that depend less on slow macroeconomic changes and more on factors under their own control. We believe Wells Fargo will eventually benefit from both lower expenses and—perhaps surprisingly—more effective sales practices as a result of more thoughtful incentive programs. We think capital return at Citigroup will improve returns on equity. As the U.S. economy strengthens, concerns over ...
Underlying
Capital One Financial Corporation

Capital One Financial is a financial services holding company. Through its subsidiaries, the company provides an array of financial products and services. The company's segments are: Credit Card, which consists of the company's domestic consumer and small business card lending, and international card businesses in Canada and the United Kingdom.; Consumer Banking, which consists of the company's deposit gathering and lending activities for consumers and small businesses, and national auto lending; and Commercial Banking, which consists of the company's lending, deposit gathering, capital markets and treasury management services to commercial real estate and commercial and industrial customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Colin Plunkett

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