CEOs of major US banks express their opposition to regulators' proposals to increase capital for the biggest banks, citing lack of careful analysis and potential negative impact on economic growth. Senator Elizabeth Warren finds some common ground with the bankers, while annual Wall Street-Washington get-togethers are briefly mentioned.
Amanda Agati, Chief Investment Officer at PNC Asset Management Group, provides the details of PNC’s Christmas Price Index calculating the true cost of all 'The 12 Days of Christmas' gifts. Mark Patricof, Founder and CEO of Patricof Co., discusses Jason Kelce joining a group of athletes investing in IMG Academy. Bloomberg News Wall Street Reporter Sonali Basak and Bloomberg News Finance Reporter Katherine Doherty break down the news of Wall Street’s top brass meeting with law makers on Capitol Hill. And we Drive to the Close with Nadia Lovell, Senior US Equity Strategist at UBS Global Wealth Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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