RBC's Cassidy Says Banks Priced-In Lower Expectations

Gerard Cassidy, managing director at RBC Capital Markets , and Tom Lee, co-founder and head of research at Fundstrat Global Advisors, discuss the problem of declining revenues faced by the world's biggest banks. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Full Show: Bloomberg Real Yield (08/18)
57:27 - Guests include: Krishna Memani, OppenheimerFunds CIO & Head of Fixed Income; Matt Freund, Calamos Investments Co-CIO & Head of Fixed Income Strategies; Subadra Rajappa, Societe Generale Head of U.S. Rates Strategy. (Source: Bloomberg)
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