London Banks May Face Job Cuts as NY Banks Expand

Aug. 17 (Bloomberg) -- In "Street News," Bloomberg's Sara Eisen reports on today's top stories including London banks may cut up to 3,000 jobs this year while banks in New York could hire 9,000 employees, Heineken may raise its bid to buy the rest of Tiger Beer and Facebook CEO Mark Zuckerberg's net worth dropped $600 million yesterday as the company's lockup period came to an end. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Chinese Smelter Stockpiles Dent Copper Inventories
21:52 - Chinese smelters are buying up copper to store for when prices recover, sending LSE inventories to a seven-month low. Bloomberg's Ken Hoffman reports on "Bloomberg Markets." (Source: Bloomberg)
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