Peter Winter | Source | Managing Director, Equity Research at Wedbush Securities

Peter brings more than 16 years of sell-side experience, as well as experience in private banking, and credit portfolio management and underwriting to his role as Wedbush Securities’ Managing Director of Financial Institutions. During his career he has worked at BMO, Capital Markets, CIBC World Markets, and Sterne Agee CRT. His career began at Citibank in the Private Banking Division, where he managed an active credit portfolio of $60 Million.

“Of all the regional banks pass with no dividend cuts (which is what we expect), this would represent a vote of confidence by the Fed reinforcing the view that banks are well-positioned to handle this downturn given all the work to de-risk the loan portfolio and the significant increase in capital,” for S&P Global.

On Banks: “In an environment where the coronavirus is flattening and a number of states are beginning to reopen, we believe these lower valued stocks should outperform as we don’t expect credit costs to be outsized relative to peers like during the financial crisis,” for Barron's.