Citigroup Should Split Business in Two: KBW CEO Michaud

Tom Michaud, chief executive officer at Keefe, Bruyette & Woods, discusses his suggestion for Citigroup to split into two businesses and examines the banking industry, activist shareholders, and the impact of regulation and near-zero interest rates on banks. He speaks with Peter Borish, chief strategist at Quad Group, on "Bloomberg ‹GO›." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (06/27)
32:09 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include European Competition Commissioner Margrethe Vestager, Senator Bob Casey (D-PA), member of the Senate Finance Committee, and Dr. Steven Corwin, chief executive officer at New York-Presbyterian Hospital. (Source: Bloomberg)
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