Repo Financing To Hit Buy-Side More Than The Sell-Side: CITI
Repo financing will hit buy-side more than the sell-side as banks start switching focus from ROE to ROA, reports Citi Research.
Keith Horowitz and the team at Citi Research report that as banks move toward a leverage-based capital approach, banks will switch focus from maximizing ROE to ROA.
Opportunities to enhance leverage ratios
The eight biggest U.S. banks will . . .
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