Big Banks Get Failing Grade on ‘Living Wills’

Aug. 6 (Bloomberg) -- The Federal Reserve and Federal Deposit Insurance Corp. told 11 of the largest U.S. and foreign banks, including JPMorgan and Goldman Sachs, that they botched their so-called living wills. Erik Schatzker reports on “Bloomberg Surveillance.” (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (03/22)
33:44 - Bloomberg Daybreak: Americas hosted by Jonathan Ferro and Alix Steel. Guests include John Hourican, chief executive officer at Bank of Cyprus, Rep. Tom McClintock, a member of the House Budget Committee and a Republican from California, Raj Agrawal, global co-head of infrastructure at KKR & Co. LP, Christian Ulbrich, chief executive officer at JLL, and Tina Fordham, chief global political analyst at Citi Research. (Source: Bloomberg)
  • Full Show: Bloomberg Daybreak: Australia (03/23)
  • One Month to Go Until French Vote
  • Metropolitan Police Update U.K. Terror Attack