Published November 20, 2009 at 7:00 AM
Richard Bove of Rochdale Securities, who spoke at The Deal Economy 2010 conference, says that 200 to 300 more banks will fail in a year or a year and a half due to commercial and residential real estate loans. In this video Bove also adds that financial reform is headed in the wrong direction. See the video below or
download it at iTunes. - Maria Woehr
Santander Holdings USA Inc. recently named T. Timothy Ryan Jr. as nonexecutive chairman of the board of directors of Santander Holdings and of Santander Bank NA. For other updates launch today's Movers & shakers slideshow.
Royal Philips announced an agreement to acquire San Diego healthcare imaging company Volcano for $1.2 billion as CEO Frans van Houten rebalances the Dutch electronics company towards medical devices. More video