Citigroup's Pitt says he and his team are eager to get back to bottom-up analysis of single financial institutions. "It's been a tough market for everybody," he says. "Analysts have been asked to make big macro calls rather than really looking at the performance of individual banks."
Pitt doesn't see the turbulence subsiding any time soon.
"What concerns me is that there are deep structural issues that have to be dealt with in the global economy," he says. "And they are not going to be solved by a bailout in Greece."