KBW's Cannon on U.S. Banks, European Crisis

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Oct. 19 (Bloomberg) -- Frederick Cannon, director of research at Keefe, Bruyette & Woods Inc., talks about the profitability of U.S. banks, the impact of Federal Reserve policy and the Dodd-Frank Act on the financial industry, and exposure of U.S. banks to the European sovereign-debt crisis. Cannon speaks with Adam Johnson and Lisa Murphy on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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