Dec. 4 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today.
U.S. stocks fell, sending the benchmark Standard & Poor’s 500 Index lower for second straight day, after President Barack Obama held his ground about raising tax rates for the highest-income Americans.
Bank Misconduct Fines Are Concern, Bafin's Hufeld Says
56:33 - Germany’s biggest banks have sufficient capital to cope with mounting legal bills judging from what can be seen today, and it's of "paramount importance" for banks to fix their internal oversight processes, Felix Hufeld, president of German banking regulator Bafin, said. He spoke Wednesday with Bloomberg's Nicholas Comfort at the Banken Im Umbruch conference in Frankfurt, hosted by Handelsblatt. (Source: Bloomberg)
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