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Wall Street banks look set to report better efficiency ratios in the second half of the year, a key metric that deteriorated as global economic gloom sapped income from traditional profit centers and costs surged amid a battle for talent, analysts say.
StockNews.com upgraded Bank of Hawaii from a "sell" rating to a "hold" rating in a research report on Sunday.
This mega-bank is Berkshire's second largest investment.
Recent rebounds in stocks have merely been bear-market rallies and the market could crash more than 50%, according to legendary investor Jeremy Grantham.
StockNews.com cut shares of Bank of Hawaii from a "hold" rating to a "sell" rating in a research note on Saturday.