Feb. 25 (Bloomberg) -- Richard Bove, an analyst with Rochdale Securities, talks with Bloomberg's Erik Schatzker about the outlook for the U.S. banking industry.

Bove, speaking from Tampa, Florida, also discusses why he favors Bank of America Corp. (Source: Bloomberg)

00:00 "No need" to nationalize U.S. banks
02:13 Bank capital vs. cash flow; stress tests
04:53 Reasons for favoring Bank of America

Running time 06:20

Last Updated: February 25, 2009 11:53 EST