Barclays Capital head slates Obama bank plan: media

Posted by 7Star Monday, January 25, 2010

The chairman of investment bank Barclays Capital, Hans-Joerg Rudloff, has criticised President Barack Obama's plans to rein in US banks as "populist" in a newspaper interview published on Sunday. Rudloff acknowledged in the Swiss newspaper "Sonntag" that the financial services industry was on the threshold of major change.

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