Whitney: Banks Need to Shrink Business Models

July 31 (Bloomberg) -- Meredith Whitney, founder and chief executive officer of Meredith Whitney Advisory Group, talks about the need for banks to shrink their business models to meet the deleveraging of the markets. She speaks on Bloomberg Television's "Bloomberg Surveillance."
China to Become Apple's Biggest Market, Peng Says
32:45 - Nicole Peng, research director for China at Canalys, talks about the importance of the China market for Apple Inc. and the outlook for the Apple Watch. IPhone sales in China outpaced those in the U.S. for the first time in the second quarter, Apple said. Peng speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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