Banking, Commodities Connection Not New, Guynn Says

July 23 (Bloomberg) -- Randall Guynn, head of the financial institutions group at law firm Davis Polk & Wardwell LLP, says the connection between banking and commodities is "not a new development" and has "very ancient roots." Guynn testified before a Senate Banking subcommittee in Washington today. (This is an excerpt. Source: Bloomberg)

Pimco's Ivascyn Pulls Off Stellar Performance
27:30 - As Pimco watched its flagship fund lose more than half its assets following the surprise departure of Bill Gross, his successor Daniel Ivascyn quietly pulled off a stunning performance. MB Advisors' Milton Berg weighs in on "Bloomberg ‹GO›." (Source: Bloomberg)
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