Meet the Street: Banks and the Disclosure Issue

Following Enron's meltdown, anything remotely related to off balance sheet activity has been enough to send investors running for the exits. The banking sector has been put under particular scrutiny because its business entails making trades, loans and other transactions on behalf of third parties, many of which tend to be kept off the balance sheet.

Gerard Cassidy Managing Director of Equity Research, RBC Capital Markets

Recent Meet the Streets

West Financial Services Glen J. Buco

Gartner's Avivah Litan

Federal Reserve Bank of Philadelphia's Dean Croushore

Morningstar's George Nichols

Lehman Brothers' Matt Zolin

First Albany Asset Management's Hugh Johnson

Just last week, the Federal Reserve said it will be examining the sector's special-purpose entities more closely, and many expect that move will result in greater disclosure requirements for banks. ...