October 1, 2026
To better understand the impact of alternative investing on the banking system, I sat down for a podcast discussion with Gerard Cassidy, Head of US Bank Equity Strategy at RBC Capital Markets and a long-tenured bank analyst. Gerard draws on his thirty year career covering banks and financial services to weigh in on alternative investing and how it has impacted traditional banks and capital raising. We dig into private credit, what the next credit cycle might look like, and the possible evolution of regulation as we move through the next downturn. Finally, Gerard talks about what it’s like to be an equity research analyst, advice for aspiring professionals, and the keys to his career success. I hope you will give it a listen.