U.S. Will Avoid a Government Shutdown, Orszag Says
March 18 (Bloomberg) -- Peter Orszag, vice chairman of corporate and investment banking at Citigroup Inc. and former director of the Office of Management and Budget, talks about the outlook for U.S. fiscal budget negotiations. Orszag, speaking with Betty Liu on Bloomberg Television's "In the Loop," also talks about Cyprus's bailout package. (Orszag is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)
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Monte Dei Paschi Seeks Plan Approval
26:54 - Banca Monte dei Paschi di Siena SpA Chief Executive OfficerMarco Morelli may present the bank’s board on Monday with a new business plan targeting more than 1 billion euros ($1.1 billion) in annual profit by 2019, daily Il Messaggero reported. Morelli, who took over last month, is seeking to raise 5 billion euros and the bank has said it’s readying a third share sale in two years, as well as preparing to offload 28 billion euros of bad loans. Aberdeen Asset Management Senior Investment Manager Ben Ritchie discusses the outlook for European banking with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."