Why Philippines Cut Special Deposit Account Rate

Jan. 24 (Bloomberg) -- Philippines Central Bank Governor Amando Tetangc talks with Bloomberg's Rishaad Salamat about the bank's decision to refrain from cutting benchmark borrowing costs, opting instead to reduce the rate on special deposit accounts to curb capital inflows that threaten to create asset-price bubbles. They speak on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)
Italian Bank Exposure to Greece Is 'Limited': Sabatini
02:04 - The exposure of Italian banks to Greece is "extremely limited," according to Giovanni Sabatini, director general of the Italian Banking Association, or ABI. He spoke in an interview with Flavia Rotondi in Rome on Tuesday. (Source: Bloomberg)
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