Richard Bove Quotes

You have to have scale in this business. By doubling the size of their credit-card business, Bank of America will lower their cost of handling each individual account.

- Richard Bove

Tags

Scale | Business | Doubling | Size | Credit |

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It is quite possible that Wal-Mart could, at some point, follow a similar course by simply opening a thousand bank branches in its stores and then challenging Congress to close them down. We think Wal-Mart will do this and that Congress will back down. - Richard Bove

Trading is the biggest business in the world, one of the fastest-growing and one of the best, and Merrill has been behind the curve here. This quarter shows that Merrill is catching up to where it needs to be. - Richard Bove

With a healthy dose of skepticism. - Richard Bove