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The Blackstone Group L.P. Message Board

  • sam_0534 sam_0534 Jan 10, 2014 11:49 AM Flag

    BX is the future

    Ellison wants to hear from management about how they plan to reinvent the bank in the next few years. Companies like The Blackstone Group BX +0.94% and BlackRock BLK -0.85% or some of the processors like Visa V -0.67% and Discover Financial Services DFS +0.25% are doing new, innovative things that are working, notes the portfolio manager.

    “If you look at the (banking) industry it’s kind of stale,” said http://www.marketwatch.com/story/investors-want-to-know-whats-next-for-banks-2014-01-10?siteid=yhoof2

    Sentiment: Buy

 
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