Barofsky Says Single-Bank Probes Effective Approach

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Aug. 22 (Bloomberg) -- Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about regulatory investigations into banks. Royal Bank of Scotland Group Plc is said to be probed by the Federal Reserve and Justice Department for potentially violating sanctions against Iran. Barofsky speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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