Capital Rules Will Lead to Lower Returns, Parr Says

Capital Rules Will Lead to Lower Returns, Parr Says Play

Nov. 2 (Bloomberg) -- Gary Parr, vice chairman of Lazard Ltd., talks about impact of new financial rules on major U.S. banks and the outlook for the financial industry. Parr also discusses Federal Reserve monetary policy, Europe's sovereign debt crisis and MF Global Holdings Ltd.'s filing for bankruptcy protection. He speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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