Mike Mayo Sees 'Better Times Ahead' for JPMorgan

The video discusses the strategic positions and growth prospects of major banks like JP Morgan, Goldman Sachs, and Citigroup. JP Morgan is highlighted for its scale and market expansion, while Goldman Sachs is noted for its new venture into consumer lending. Citigroup is recognized for its recovery from the financial crisis and potential for future growth.

What are the key benefits of scale that JP Morgan is experiencing?

What is the significance of the 'three Rs' mentioned in relation to the US banking industry?

How does Goldman Sachs' approach to consumer lending differ from that of JP Morgan?

What challenges does Goldman Sachs face in its expansion into consumer lending?

In what ways is Citigroup positioned compared to other large banks post-crisis?