The anger against the country's biggest banks is ready to boil over, Harris Simmons, the chairman and chief executive of Zions Bancorp ., warned Wednesday.
Julie Castle will succeed George Feiger as CEO of Contango Capital Advisors, Zions' wealth management subsidiary.
The sector is feeling the pressure from regulators and appears to be fairly valued overall.
Contango Capital Advisors is shooting for growth in AUM of up to 10 times within five to seven years, while also increasing profitability.
Zions' collection of eight Western banks continues to perform.
Investors are overly concerned about the potential impact of falling oil prices and turmoil in Russia on the banks that we cover.