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The Fed's rate hike was just the beginning as banks around the world adjust policy - but the uncertainty doesn't mean the market can't rally

7 days ago   |   By Business Insider

Happy Friday team. I'm Phil Rosen, reporting from New York. The Federal Reserve's Wednesday rate hike was just the beginning of the world's fight against inflation. A smattering of other central banks have followed suit, while some others took a different course. All these policy maneuvers, too, make for an increasingly uncertain market - unless you're an analyst at one top Wall Street firm that says, pretty soon, it might be prime time to buy into stocks for a rally. Let's break it down. If this was forwarded to you, sign up here. Download Insider's app here. REUTERS/Brendan McDermid 1...
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Don McCree is spearheading Citizens Bank's push into New York. He has just overseen the acquisition of HSBC's branches in the city, and was in town this week for Citizens' official launch into the Big Apple

7 days ago   |   By Business Insider

Don McCree, vice chairman, Citizens Bank Citizens
Insider's Banker of the Week series appears in our weekday newsletter, 10 Things on Wall Street .
This week we're highlighting Don McCree, vice chairman and head of commercial banking at Citizens Financial Group.
McCree was in New York this week for Citizens official launch in the city. The bank snapped up HSBC's bank branches, and McCree is confident this boost in retail banking will lead to more business in commercial banking.
Don McCree is extremely bullish on New York. He calls it the "hole in the donut" for Citizens' deeper push into...
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