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The BoK’s decision to keep rates on hold at 2% on Thursday came as no surprise to PK Basu, MD & chief economist at Daiwa Capital Markets. He tells CNBC’s Oriel Morrison what contributed to the central bank’s dovish tone.
SEC Chairman Mary Schapiro offers her opening statement on the events that led up to the “Flash Crash” earlier this month.
2010 is set to be a promising year for the hedge fund industry, according to research from Moody’s. Uncertainty over regulation and the economy means the industry isn’t out of the woods yet, Odi Lahav from Moody’s told CNBC Tuesday.
Read here: https://www.forbes.com/sites/adamsarhan/2017/06/29/a-near-term-top-the-v-word-has-returned-to-wall-street/#5d72016e1ebd
Former Merrill Lynch CEO John Thain has been given the top job at CIT. Andrew Ross Sorkin, of the NY Times, and the CNBC news team discuss.
Source: http://www.cnbc.com/id/100890341