Big Banks Fraught With Conflicts, Schlosstein Says
July 5 (Bloomberg) -- Ralph Schlosstein, president and chief executive officer of Evercore Partners Inc., talks about the broadening investigation into alleged collusion by banks in setting interbank lending rates, public and investor confidence in the financial system, and the outlook for industry regulation.
Schlosstein, speaking with Erik Schatzker and Trish Regan on Bloomberg Television's "Market Makers," also discusses the U.S. economy and Evercore's performance. Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission and a Bloomberg LP board member, also speaks. (Source: Bloomberg)