When it comes to credit quality and provision for losses at the banks, if we're not at historic lows, we're certainly close to cycle lows. It's likely credit costs are going to be going up next year. -Denis Laplante

 

When it comes to credit quality and provision for losses at the banks, if we're not at historic lows, we're certainly close to cycle lows. It's likely credit costs are going to be going up next year.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 5 total Denis Laplante quotes in our collection. Denis Laplante is known for saying 'When it comes to credit quality and provision for losses at the banks, if we're not at historic lows, we're certainly close to cycle lows. It's likely credit costs are going to be going up next year.' as well as some of the following quotes.

They got into a pattern of under-investing in their franchise to try and boost revenues.

Denis Laplante

When it comes to credit quality and provision for losses at the banks, if we're not at historic lows, we're certainly close to cycle lows. It's likely credit costs are going to be going up next year.

Denis Laplante

The main challenge here is that critics will say they haven't demonstrated the revenue growth they've promised in the past. But we like the transaction. We're comfortable with the premium and the management after the merger will be a very strong one.

Denis Laplante

This is a confidence booster for the markets. What we're seeing is a reversal of some of the negative confidence.

Denis Laplante