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Extraction Summary

2
People
5
Organizations
3
Locations
2
Events
2
Relationships
2
Quotes

Document Information

Type: Financial research report
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Summary

This document is a page from a Bank of America Merrill Lynch financial research report dated November 17, 2016. It analyzes market sentiment on multifamily lending, discusses a bank's (likely SBNY) confidence in managing its taxi medallion loan portfolio, and provides an outlook on Synovus Financial (SNV) following the 2016 US election. The content is purely financial analysis and contains no information related to Jeffrey Epstein.

People (2)

Name Role Context
Kessel Stelling Chairman and CEO
Chairman and CEO of Synovus Financial (SNV), noted that it was too soon to determine the real impact of the US electi...
Kevin Blair CFO
CFO of Synovus Financial (SNV), who believes the company's net interest margin could expand by 6bp from a 25bp Fed ra...

Organizations (5)

Name Type Context
Bank of America Merrill Lynch
Author of the research report and host of the '2016 Future of Financials Conference'.
BofA Merrill Lynch Global Research
Cited as the source for the two charts in the document.
Synovus Financial (SNV)
A financial company analyzed in the report, with commentary from its CEO and CFO.
SBNY
A company whose taxi medallion exposure is the subject of Chart 40. This likely refers to Signature Bank.
Fed
The Federal Reserve, which was expected to raise rates in December 2016.

Timeline (2 events)

2016-11
Post-US election period, causing a positive reaction in bank stocks.
US
2016-11-17
Bank of America Merrill Lynch's '2016 Future of Financials Conference'.
Unknown
Bank of America Merrill Lynch Synovus Financial

Locations (3)

Location Context
Location of a taxi medallion loan book where issues have been mostly resolved.
Location of a taxi medallion loan book that is seeing stabilization.
US
The US elections are mentioned as a recent event impacting bank stocks.

Relationships (2)

Kessel Stelling Employment Synovus Financial (SNV)
Kessel Stelling is identified as the Chairman and CEO of Synovus Financial.
Kevin Blair Employment Synovus Financial (SNV)
Kevin Blair is identified as the CFO of Synovus Financial.

Key Quotes (2)

"Management expressed confidence that it has taken care of most of the issues on its Chicago taxi medallion loan book and is seeing stabilization of its New York book with New York fleets near 100% utilization."
Source
HOUSE_OVERSIGHT_014341.jpg
Quote #1
"...it was too soon to say the real impact on growth outlook."
Source
HOUSE_OVERSIGHT_014341.jpg
Quote #2

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