Epstein Secrets

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acquisitions. Bankof America Merrill Lynch 2016 Future of Financials Conference | 17 November 2016 65 HOUSE_OVERSIGHT_014379 --- PAGE BREAK --- Citigroup Inc. (C) We use a three-factor valuation framework (P/E, P/TBV, DCF} to arrive at our $60 PO, assigning a 0.9x multiple to 2017E TBV and 11x multiple on

e environment, the implementation of a strict liquidity coverage ratio and further regulation on overdraft income that restricts bank profitability. U.S. Bancorp (USB) We use a three-factor valuation framework (P/E, P/TBV, DCF} to arrive at our $50 PO, assigning an above peer 2.8x multiple to 2017E TBV and ne

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