Siemens Plans Cost Cuts Amid Economic `Headwinds'

Nov. 8 (Bloomberg) -- Siemens AG Chief Executive Officer Peter Loescher discusses the company's fiscal fourth-quarter profit reported today, cost-cutting measures and economic "headwinds." He talks from Berlin with Linzie Janis on Bloomberg Television's "Countdown." (Source: Bloomberg)
Bank Profitability Declining in Europe: Morilla-Giner
47:40 - Banks' profitability is declining in Europe as Tier 1 capital is built up and they become safer institutions, according to Pau Morilla-Giner, chief investment officer of London & Capital Group Ltd. He spoke in an interview with Jonathan Ferro on Bloomberg Television's "On the Move." Bloomberg's Julia Verlaine also took part in the discussion. (Source: Bloomberg)
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