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Citigroup may have some credit worries in the near-term, but profitability is not a concern on any long-term basis, Vikram Pandit, CEO of Citigroup, told CNBC.
Withdrawing economic stimuli and tightening monetary policy are difficult choices, but asset bubbles are cropping up, Nouriel Roubini told CNBC in Davos.
Greece's Prime Minister George Papandreou told CNBC Thursday that his country has to make substantial changes to recover from its devastating financial problems.
Maria Bartiromo talks to financier George Soros about the U.S. economy, fiscal stimulus, China and where investors can find opportunities.
Officials in Davos should try to reach a global consensus about the need for a new regulatory regime for banks, Nobel Prize laureate Joseph Stiglitz told CNBC Friday.
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Ronald Williams says any such change in regulation won't increase accessibility or lower costs.
Take Davos, add banking and a few drinks after the sessions are over and the banker outrage bubbles up.
President Barack Obama's proposals to impose a levy on large banks would only work if it was agreed globally and financial regulations set out at the G20 summit should be put in place first, UK Chancellor of the Exchequer Alistair Darling told CNBC Thursday.
Barney Frank, the powerful chairman of the U.S. House Financial Services Committee, said Monday that tough financial reforms will not put U.S. businesses at a disadvantage, a message he plans to take to the World Economic Forum in Davos, Switzerland.
Chatter is focused on President Obama's State of the Union address and what he will do to create more jobs. And with the Senate considering a second term for the Fed Chairman, Ben Bernanke is the buzz on everyone's lips.
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Deutsche Bank CEO Josef Ackermann: "We have all suffered from the crisis, We should stop the bank bashing and blame game. We have to start much more of a collaborative effort."
Blackstone Group boss Stephen Schwarzman says "people are looking forward to buying assets," particularly in North America and Asia" and the "time for pessimism has passed."
"I think there's a lot more sensible lending and underwriting going on," says Donald Gogel, president and CEO of private equity firm Clayton, Dubilier & Rice., but business services is doing better than consumer businesses.
The Carlyle Group's David Rubenstein says the investment market has improved after the doldrums of 2009. "We see a fair amouint of activity this year, " he says, especially in emerging markets.