Milan vs. the Banks

Deutsche Bank, Depfa Bank, UBS and JPMorgan have been on trial since May 2010, accused of defrauding the city of Milan over swaps sales. The banks, which have denied the charges, may find out the court verdict today.

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
50:12 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)
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