How Does the Vatican's Economy Work?

Feb. 11 (Bloomberg) -- Bloomberg's Michael McKee breaks down the economics of Vatican City as Pope Benedict XVI has announced he is retiring at the end of the month. He speaks on Bloomberg Television's "In The Loop."
Bank Profitability Declining in Europe: Morilla-Giner
36:47 - 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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