Rafferty Capital

When regular old bank analysts switch firms, people don’t tend to make a big deal about it. Gardening leave is taken, contracts are signed, key cards are distributed, new business cards are printed. Sometimes you’ll get an email address with updated contact information. That’s usually it. Dick Bové, as you all know, however, is no regular bank analyst. Which is following his departure from Rochdale Securities, potential employers didn’t interview him, he interviewed them, why his son/spokesman, Joe Bové sent out a press release announcing the final countdown to Bové Day, and why, when that blessed day arrived, it was celebrated with a three-course feast fit for a king and a little something called the Dick Bové Banking Manifesto. Read more »

  • 19 Dec 2012 at 1:05 PM

God Smiles On Rafferty Capital

Noted bank analyst Dick Bove is joining New York-based brokerage firm Rafferty Capital Markets LLC. Bove said Wednesday he will begin publishing research again in about a month…Bove said he moved to Rafferty because the firm doesn’t have an asset management or investment banking branch. “I really wanted to do pure research and nothing else. Rafferty gives me that opportunity,” he said. [WSJ, earlier, earlier]