BI Says EU Banks Must Cope With Less Liquidity

Dec. 11 (Bloomberg) -- Jonathan Tyce, senior banking analyst at Bloomberg Industries, discusses fines levied on HSBC Holdings Plc and Standard Chartered Plc and the outlook for Europe's banking industry. He talks from Hong Kong with Owen Thomas on Bloomberg Television's "First Look." (Source: Bloomberg)
Greece Backs Tsipras’s Rejection of Further Austerity
44:27 - Greece voted against yielding to further austerity demanded by creditors, leaving Europe’s leaders to determine if the nation can remain in the euro. In other developments, outspoken Greek Finance Minister Yanis Varoufakis resigned, giving Greece a chance to lower the temperature on its often confrontational interactions with other European countries.
  • Referendum Increases Levels of Uncertainty: Sorrell
  • Easier to Strike Deal With Varoufakis Gone: Pissarides
  • The Way Back for Greece Isn’t Going to Be Smooth: Diebel