Financial Services >> Analyst Interviews >> August 25, 2003

Outlook For Eastern Banks: Gerard Cassidy – Rbc Capital Markets

Gerard S. Cassidy is a Managing Director of Equity Research with RBC Capital Markets. He was a Managing Director of Equity Research with Tucker Anthony Sutro Capital Markets, which was acquired by the Royal Bank of Canada in 2001. He joined Tucker Anthony Sutro in March 1988 as a Bank Equity Analyst. He is responsible for providing bank and regional economic research to the firm's clients. Prior to joining Tucker Anthony Sutro, he was employed by UNUM Corporation as a Senior Bank Analyst. He began his professional career with Gulf+Western Industries as a Merger and Acquisitions Analyst. He earned a Bachelor of Science degree from the University of Maine in Accounting and Finance in 1980. He received his Master's of Business Administration degree from St. John's University in 1984. He is a former Director and Secretary of the New York Bank and Financial Analysts Association. He is currently the President of the BancAnalysts Association of Boston, Inc. He was also on the Board of Directors of Tucker Anthony Sutro Capital Markets. Profile
TWST: Tell us what has gone on in the Eastern banks from an operating

perspective over the last six months. Can you bring us up to date?

Mr. Cassidy: The banking industry has performed