Risk to European Banks `Overblown,' BarCap Says

Risk to European Banks `Overblown,' BarCap Says Play

Aug. 25 (Bloomberg) -- Ajay Rajadhyaksha, head of U.S. fixed-income strategy at Barclays Capital, talks about U.S. exposure to European banks. Speaking from London with Andrea Catherwood on Bloomberg Television's "Last Word," he also discusses Federal Reserve policy.

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