MONDAY
"The trustee is
— Christopher Peterson, a professor at the University of Utah's law school, on the clearer legal obligation of trustees to take action on behalf of MBS investors when the servicer fails.
TUESDAY
"I would rather them not take on that kind of risk. … You should stick with your
— Rick Weiss, an analyst at Janney Montgomery Scott, in urging Sterling Bancorp in New York to think twice before pursuing acquisitions instead of focusing on the organic growth of its C&I niche.
WEDNESDAY
"We have an appetite for that business because we like it. But at times, the
— Rene Jones, chief financial officer of M&T Bank, in discussing how banks' increasing flight to auto lending has driven down pricing.
THURSDAY
"Every situation is different, and there's no book on what to do. … The company comes first … because
— Fraser Seitel, a public relations consultant, on the importance of providing a clear explanation when a senior executive abruptly leaves a company.
FRIDAY
"We have banks with over 10,000 applications and redundant data. … They need to get out of these siloed, highly scaled, and
— Mark Hurd, Oracle's president, pitching banks to adopt new technology that improves their holistic view of information.
