Yellen: No Need to Stress Test Fed Balance Sheet
Federal Reserve Chair Janet Yellen discusses the solvency of the Federal Reserve's balance sheet. She speaks with Republican Representative Bill Huizenga of Michigan during testimony before the House Financial Services Committee in Washington. (Source: Bloomberg)
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What's Behind BofA Awarding CEO Moynihan $20 Million?
23:58 - Bank of America awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent, while Citigroup cut CEO Mike Corbat’s by 6.1 percent to $15.5 million. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)