Nov. 4 (Bloomberg) — Bloomberg columnist Matthew Lynn talks with Margaret Brennan about the UK government’s move to break up the banking industry as it bails out Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc. (Source: Bloomberg) ... Matthew Lynn Discusses UK Banking Break-Up...
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Nov. 5 (Bloomberg) — H. Rodgin Cohen, chairman of Sullivan & Cromwell LLP, talks with Bloomberg’s Deirdre Bolton and Erik Schatzker about the outlook for merger and acquisition activity, the outlook for the US economy and the banking industry. (This is an excerpt of the full interview. Sou...
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Nov. 4 (Bloomberg) — Thomas Cooley, dean of the Stern School of Business at New York University, talks with Bloomberg’s Matt Miller about the outlook for a systemic risk regulator in the US Cooley also discusses financial oversight and the banking industry. (Source: Bloomberg) ... NYU's Co...
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Britain’s RBS and Lloyds banks have agreed to a massive shake-up of the UK banking sector, which will see both sell hundreds of branches and key businesses. This to appease EU competition concerns over state aid. The banks are to get the equivalent of a further 36.5 billio...
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Nov. 5 (Bloomberg) — Bloomberg’s Su Keenan reports on the trial of former Bear Stearns Cos. hedge-fund managers Matthew Tannin at Ralph Cioffi, who were both accused of misleading investors about the health of two funds, which cost investors $1.6 billion when they collapsed in 2007. Closin...
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Nov. 5 (Bloomberg) — Bloomberg’s Scarlet Fu reports on the latest breaking business news and top stories in today's Business Briefs. (Source: Bloomberg) ... AIG May Gain From Bond Rally; Bridgestone Forecasts Loss: Video Audio/Video Auto Parts Automobiles Banking Bloomberg Bonds Company New...
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interest rates exceptionally low for an extended period as long as inflation expectations are stable and unemployment fails to decline. Wallison also discusses Wall Street pay limits and regulation. Wallison is a former general counsel at the US Treasury and a member of the commission set up by C...
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Nov. 4 (Bloomberg) — Tony Crescenzi, a strategist at Pacific Investment Management Co., talks with Bloomberg’s Carol Massar, Adam Johnson and Jon Erlichman about the outlook for Fed policy and the bond market. Members of the Federal Open Market Committee resumed discussions this morning an...
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Nov. 4 (Bloomberg) — Bloomberg’s Deborah Kostroun reports on the performance of the US equity market today. Stocks erased most of a 156-point rally in the Dow Jones Industrial Average after a House bill to curb credit-card rates spurred concern about bank earnings, outweighing the Federal ...
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talks with Bloomberg’s Erik Schatzker and Deirdre Bolton about US versus UK financial regulation. Levitt also discusses compensation oversight and the importance of regulatory overhaul. Levitt is a senior adviser to the Carlyle Group, an adviser to Goldman Sachs Group Inc. and a board member of ...
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