Merkel Clashes With Monti on Banking License

German Chancellor Angela Merkel and Italian Prime Minister Mario Monti disagreed on whether the euro area’s permanent bailout fund should receive a bank license as they seek to keep Europe’s debt-crisis response on track.

Fidelity's Brown: ECB to Cut in Early December
12:59 - Bob Brown, head of Fidelity Investment's Institutional Fixed-Income group, joined Bloomberg TV Canada's Pamela Ritchie to discuss his outlook for another ECB rate cut in early December and where he sees opportunities in the global bond market. (Source: Bloomberg)
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