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CNBC Worldwide Exchange July 16, 2012

there s nothing like a reunion. he s back! i am. this is fantastic. it s good to be here. i, look, while i was away, what s going on with your guys on that side of the pond? the americans are they so desperate for new york to reclaim the title of lead financial center that they want to dump the bank of england, the bba, all the regulators over here over the libor? look, i just think we can t get new york to pay enough attention to what s going on over here. but is that the plan? is that, they just want to get supremacy back by dumping everybody over here in it? look, i m sure people in new york, at least, in the financial industry, would love if london s reputation is hampered by everything it s tarnished. that s going on. we can do that on our own well. we don t need help from you. we can do that. that s true. shares of spanish banks are trading low amid imposing lenders losses on senior bondholders. we ll get the latest from madrid. and ....

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