Bair Says Pandit Exit ‘Very Positive’ for Citigroup
Oct. 16 (Bloomberg) -- Sheila Bair, former chairman of the Federal Deposit Insurance Corp., talks about Vikram Pandit’s departure as chief executive officer of Citigroup Inc. and outlook for the banking industry. Pandit will be replaced by Michael Corbat, who led Citigroup in Europe, the Middle East and Africa. Bair speaks with Tom Keene and Ken Prewitt on Bloomberg Radio's "Surveillance." (Source: Bloomberg)
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Brexit Negatives are Priced in the Sterling, Says Marinov
24:35 - U.K. Prime Minister Theresa May risks provoking a “full-blown constitutional crisis” unless she finds a way to involve the leaders of Scotland, Wales and Northern Ireland in her Brexit talks, the Institute for Government said in a report published Monday. May is due to meet Scottish First Minister Nicola Sturgeon, Wales’s Carwyn Jones and Northern Ireland’s Arlene Foster on Monday to discuss Britain’s departure from the European Union. Scotland and Northern Ireland voted against Brexit, and politicians from both nations have expressed concerns. Credit Agricole Head of G10 FX Research Valentin Marinov discusses the outlook for sterling and bonds with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."