Maughan: Haggling Process Delaying RBS Libor Fine
Jan. 21 (Bloomberg) -- Simon Maughan, Olivetree Securities financial strategist, discusses fines that RBS may face later this week on Libor-rigging and other issues faced by European banks. He speaks on Bloomberg Television's "On The Move."
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Canada Banks See Mortgage Slowdown as Nation Taps Brakes
53:59 - With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, shrinkage. It’s a welcome sign for officials struggling to curb house prices in two of the nation’s largest cities. The easing follows federal government moves in October to tighten mortgage insurance rules and other measures while opening the door to shift risks of defaulting mortgages to banks. Bloomberg's Doug Alexander reports. (Source: Bloomberg)