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Why Ending Quantitative Easing Is a Good Thing for Banks
Sanford C. Bernstein's John McDonald, No. 1 in large-cap banks on the All-America Research Team, explains how the Federal Reserve's plan will help banks boost revenue.
John McDonald celebrates his ninth appearance on the All-America Research Team by capturing top honors for the first time in large-cap banks. The Sanford C. Bernstein company analyst discusses why the Federal Reserve's plan to end its quantitative easing program is a good thing for banks, but challenges still lie ahead.See the full results of the 2014 All-America Research Team.