Thomas Brown

Thomas Brown News

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  BofA Surge Affirms Buffett Bet as Moynihan Recovers From Gaffes

  Brian Moynihan was impatient. It was August 2011, and the Bank of America Corp. chief executive officer was reviewing plans to impose a $5 monthly fee on debit- card users.

• BofA’s Moynihan Sees $4 Billion Quarterly Earnings Improvement, Brown Says

  Bank of America Corp., the second- biggest U.S. lender, can improve results by about $4 billion per quarter as expenses subside and trading rebounds, said Thomas Brown, chief executive officer of Second Curve Capital LLC.

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  Whitney, Roubini Are Too Bearish on S&P 500's Banks, Brown Says: Tom Keene

  Nouriel Roubini and Meredith Whitney are ignoring bank valuation in their forecasts for the sector, according to Thomas Brown , chief executive officer at Second Curve Capital LLC, a New York hedge fund.

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  BofA Drops as Earnings Decline 63% on Shrinking Revenue

  Bank of America Corp. led decliners in the Dow Jones Industrial Average after reporting profit dropped 63 percent, hurt by shrinking revenue and more costs from cleaning up bad mortgages.

• Banks Will Boost Dividends This Year, Second Curve’s Brown Says: Tom Keene

  Equity investors looking for dividend returns this year may want to look to the banking industry, according to Second Curve Capital LLC’s Thomas Brown.

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  Bank of America’s Stock Still Cheap After 44% Rally, Brown Says: Tom Keene

  Thomas Brown, chief executive officer of Second Curve Capital LLC, said it’s not too late to purchase shares of Bank of America Corp. and other lenders after U.S. financial-industry stocks rallied this year.

• Brown: Encouraging Signs in Goldman Sachs' Results

  July 17 (Bloomberg) -- Thomas Brown, chief executive officer of Second Curve Capital LLC in New York and a Bloomberg contributing editor talks via telephone with Bloomberg's Betty Liu about Goldman Sachs second-quarter results. He speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

• Banks Without Trading Risk Had ‘Very Good’ Quarter, Brown Says

  Banks that don’t lean on trading or investment banking for profits may report “very good” third- quarter earnings, dodging market turmoil, said Thomas Brown, chief executive officer of Second Curve Capital LLC.

• U.K. Gas Prices, Carbon Permits, Level Global: Compliance

  The U.K. government said it’s prepared to legislate to clamp down on wholesale natural-gas trading should price-fixing allegations prove true.

• U.S. Adds 146,000 Jobs in November

  Dec. 7 (Bloomberg) -- Payrolls rose more than anticipated and the jobless rate fell to an almost four-year low in November, indicating superstorm Sandy’s effect on the U.S. labor market was limited. Second Curve Capital Founder and CEO Thomas Brown speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Quote

• "They have more long-term debt in their funding structure, and they have higher costs elsewhere."

  - Thomas Brown on Feb 25, 2013

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Thomas Brown Videos

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