Davide Serra on Jamie Dimon's Remarks, Excutive Pay

Feb. 28 (Bloomberg) -- Davide Serra, founding partner and portfolio manager at Algebris Investments, talks about JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's response to a question from CLSA Ltd. analyst Mike Mayo during yesterday's investor conference. In his response, Dimon dismissed the possibility of clients switching to banks that have the highest capital ratios. Serra, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s “Market Makers,” also talks about executive compensation. (Source: Bloomberg)

Serra: Deutsche Bank Valuation Shows Lack of Confidence
05:15 - Davide Serra, founder and chief executive officer at Algebris Investments, examines the state of European banks as he sees a need for cost cutting and looks at Deutsche Bank's valuation and need for capital following a settlement with the U.S. Department of Justice. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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