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Financial Institutions - Consumer Finance: Second 2011

    SECOND TEAM

    Moshe OrenbuchCredit Suisse

    In second place for a second year running is Credit Suisse’s Moshe Orenbuch, who impressed investors with his assessment of the impact of the Credit Card Accountability, Responsibility and Disclosure Act of 2009, which went into effect in February 2010, in a series of reports between January and March. “Moshe had good insights on the repercussions a year on,” explains one patron. In particular, he argued that the act would boost debit-card usage as consumer credit tightened, with Visa among the beneficiaries. Orenbuch has rated the stock an outperform since October 2009, and outperform it has — shares of the San Francisco–based electronic-payments network leaped 28.4 percent, from $68.46 to $87.88, and beat the broad market by 12.2 percentage points in the 12 months through August.


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