The Eight Big U.S. Banks S&P May Cut

JPMorgan Chase, Bank of America and Citigroup are among eight large U.S. banks that may have credit grades cut by Standard & Poor’s on the prospect that the U.S. government is less likely to provide aid in a crisis. Bloomberg's Michael Moore reports on "Bloomberg Markets." (Source: Bloomberg)

Investec CEO Says S. Africa Needs Help From Rate Cuts
42:51 - Stephen Koseff, chief executive officer at Investec, discusses the South African Central Bank rate cut, how he's diversifying risk, his outlook for the South African government, the mandate of the central bank, becoming more business friendly and his outlook for the economy. He speaks on "Bloomberg Markets: European Open." (Source: Bloomberg)
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