Europe's Rescue Fund Seen Unlikely to Become a Bank

July 26 (Bloomberg) -- Paul Donovan, managing director of global economics at UBS AG, talks about the U.K. economy and the prospect of granting a banking license to Europe's permanent bailout fund, the European Stability Mechanism. He speaks with Owen Thomas on Bloomberg Television's "First Look." (Source: Bloomberg)
Fed Is Trapped, Painted Into a Corner on Rates: Whalen
21:46 - Chris Whalen, senior managing director at Kroll Bond Rating Agency, discusses the potential timetable of a Federal Reserve rate hike and markets looking for validation on rates and the economy. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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