What's the ROE?
Nope, it's not new slang from the kids. It's bank lingo and vital to a Banker's toolkit.
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I pose this question frequently and obsessively as a Director in Private Banking, and if you're a deal maker, you should be too.
ROE, the abbreviated term for Return on Equity, is an essential measurement for every Bank and, thus, their employees in revenue-generating roles.
Quirky fact. Years ago, when I worked at a competitor, they called it ROTE. It m…