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)
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How Big of a Problem Are China's Non-Performing Loans?
07:14 - Jonathan Cornish, head of north Asia bank ratings at Fitch Ratings, discusses China's latest debt for equity swap, China's non-performing loans and the outlook for the credit market. He speaks to Bloomberg's Haidi Lun on "Bloomberg Markets." (Source: Bloomberg)