RBS’s Gallo Says Investors ‘Over Optimistic’ on ECB (Audio)

Alberto Gallo, head of macro credit research at Royal Bank of Scotland Group Plc, says the European Central Bank cannot implement quantitative easing “because the asset-backed market is not as developed in Europe as it is in the U.S.” Gallo talks with Bloomberg’s Tom Keene and Michael McKee on Bloomberg Radio’s "Bloomberg Surveillance."

Running time 15:18

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