Brennan Hawken forecasts bank layoffs coming. Is it just a coincidence that he covers NTRS for UBS?
June 1. https://www.businessinsider.com/wall-street-hiring-freeze-layoffs-investment-banks
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Q3 2021 Results - Earnings Call Transcript Excerpt
Brennan Hawken. "Jason, you recently flagged some upward expense pressure at an industry conference, which has been a big focus for investors...
Jason Tyler. Thanks. I don’t want to ramble, would it be helpful for me to just give a little bit of an overview expenses in general...?
Brennan Hawken. No. It’s much more about the outlook and thinking about next year versus what’s happened here recently."
The Starmine Equity Analyst Summary Rating for NTRS is quite Bearish @ 2.6/10
The Equity Summary Score by StarMine from Refinitiv:
- 1 to 1.0 ‐ very bearish
- 1 to 3.0 ‐ bearish (NTRS)
- 1 to 7.0 ‐ neutral
- 1 to 9.0 ‐ bullish
- 1 to 10.0 ‐ very bullish