What Wells Fargo's Mike Mayo Expects From Bank Earnings

The video discusses the current state of bank earnings, highlighting structural progress in cost control and credit quality, despite soft revenues. It explores the trends in net interest margin and deposit beta, emphasizing their impact on the banking sector. The strategic changes at Goldman Sachs, particularly in consumer lending, are analyzed. The video also covers the outlook for bank growth, focusing on interest rates, capital markets, and technology. Finally, it addresses proposed changes in proxy advisory rules and their implications for corporate governance.

What are the key factors for investing in banks over the long term?

What is the significance of the corporate Governance Reform Act?

How do proxy advisory firms influence shareholder proposals?