Central Bank Chiefs Agree to Delay Liquidity Rule
Global central bank chiefs agreed to water down and delay a planned bank liquidity rule to counter warnings that the proposal would strangle lending and stifle the economic recovery.
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BofAML's Piron Sees More Downside for the Pound
23:49 - Claudio Piron, co-head of Asia fixed income and FX strategy at Bank of America Merrill Lynch, discusses his outlook for the pound, volatility in the currency and U.K. exports. He speaks to Bloomberg's Yvonne Man and Betty Liu on "Bloomberg Daybreak: Asia." (Source: Bloomberg)