ABA's Keating on Bank Break-Ups, Scandals, Rules

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Aug. 8 (Bloomberg) -- Frank Keating, president and chief executive officer of the American Bankers Association, discusses the impact of scandals and President Barack Obama's remarks on the financial services industry, the importance of community banks and the impact of regulations on bank profitability. Keating, speaking with Erik Schatzker on Bloomberg Television's "Market Makers," also talks about proposals to break up larger banks. (Source: Bloomberg)

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