The Financial Column — Recapitalizing the Banking Industry

2009-06-22

Challenging Times for Bank Earnings and Recapitalization

Sherief Meleis, a Partner of Novantas LLC, said on “The CEO Show,” “If you look at the amount of money the banks need to earn and the levers the banks have to earn it back there are scary implications.”

Meleis spoke on the syndicated radio program, “The CEO Show” with host Robert Reiss during a segment of the program dedicated to the discussion of challenges facing U.S. banks now functioning post financial meltdown, entitled “Recapitalizing the Banking Industry.”

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