Citi Positioned for Capital Return, Cassidy Says
Jan. 17 (Bloomberg) -- Gerard Cassidy, an analyst with RBC Capital Markets, talks about Citigroup Inc.'s fourth-quarter earnings reported today. The third-biggest U.S. bank by assets posted a profit increase that was less than analysts estimated as litigation costs rose and benefits from releasing loan-loss reserves declined. (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
37:16 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)