Tower's Silva Sees Banking M&A; Losses 'Close to Bottom'
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- Bloomberg
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Tower's Silva Sees Banking M&A; Losses 'Close to Bottom'
Ralph Silva, research director at Tower Group Plc, talks with Bloomberg's Francine Lacqua and Mark Barton in London about the outlook for U.K., U.S. and Asia banking stocks, job cuts and industry consolidation. Citigroup Inc. is expected to report a first-quarter loss of $4.75 billion today, according to a Bloomberg survey of six analysts. (Source: Bloomberg)
Bloomberg | April 18, 2008
