Bobrinskoy Says Banks Holding Cash to Make Acquisitions: Video

Nov. 2 (Bloomberg) -- Charles Bobrinskoy, director of research at Ariel Investments, and Dan Alpe...  More »

Nov. 2 (Bloomberg) -- Charles Bobrinskoy, director of research at Ariel Investments, and Dan Alpert, managing director at Westwood Capital LLC, talk with Bloomberg's Matt Miller and Carol Massar about cash holdings by U.S. banks. Citigroup Inc. has almost doubled its cash to $244.2 billion in the year since Lehman Brothers Holdings Inc. filed for bankruptcy, the biggest such stockpile of any U.S. bank. (Source: Bloomberg)  « Less