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Citigroup and
Bank of America .
"I want the higher-quality banks. Some of the sell-rated stocks I have other issues with them, too," he said. "Citigroup is a nice intersection. I’m not convinced with the fundamentals. I’m also not convinced on the management and I’m not convinced that structural issues for the past decade have been fixed."
Mayo, author of the book, "Exile on Wall Street: One Analyst's Fight to Save the Big Banks From Themselves," harshly criticized Citi and Bank of America in a separate CNBC interview earlier Tuesday.
______________________________ CNBC Data Pages:
______________________________ Disclosures:
Disclosure information was not available for Mike Mayo but Credit Agricole has investment and non-investment banking relationships with the companies mentioned.
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