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Moynihan Says Capital Rules May Discourage Lending

posted: 2 years ago

Brian T. Moynihan, chief executive officer of Bank of America Corp., talks about U.S. financial regulation and the potential impact of excessive capital surcharges on the largest banks on the industry.

Moynihan, talking with Ryan Chilcote on Bloomberg Television's Surveillance Midday, also discusses the European sovereign debt crisis.

They speak at the St. Petersburg International Economic Forum in Russia.

Source: Bloomberg

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