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Strategy Spotlight PIMCO Capital Securities Strategy Update: Banks Show Remarkable Stability Amid Pandemic-fueled Disruption PIMCO Capital Securities Strategy Update: Banks Show Remarkable Stability Amid Pandemic-fueled Disruption Despite the unprecedented economic disruptions of 2020, a combination of supportive policy interventions and a decade-long de-risking of balance sheets explain surprisingly resilient bank fundamentals in developed markets.
Philippe Bodereau Portfolio Manager, Head, Credit Research Europe Mr. Bodereau is a managing director and portfolio manager in the London office and head of the credit research team in Europe. He is also the lead analyst for global financial institutions. Prior to joining PIMCO in 2004, he was a senior banking analyst at Société Générale in London and Paris. Mr. Bodereau started his career at J.P. Morgan in 1996, where he held various positions in the private banking and global markets divisions in Brussels and London. He has 27 years of investment experience and holds a master's degree in finance from French business school EDHEC.
