JPMorgan Legal Woes Have Peaked: Algebris's Serra

Nov. 19 (Bloomberg) -- Davide Serra, founding partner and portfolio manager at Algebris Investments, talks about the expected record $13 billion settlement between JPMorgan Chase & Co. and the U.S. Justice Department over civil state and U.S. probes involving the sale of mortgage bonds. Serra, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s “Market Makers," also talks about the outlook for financials. (Source: Bloomberg)
What Makes Mylan Worth $40.1B to Teva Pharmaceuticals?
19:31 - Teva Pharmaceuticals has submitted a $40.1 billion unsolicited offer for Mylan in what would be this year’s largest takeover in the pharmaceutical industry. Bloomberg’s David Wainer and Drew Armstrong examine the bid on “Market Makers.” (Source: Bloomberg)
  • DuPont Profit Beats Ahead of Activist Proxy Showdown
  • El-Erian Says Greece, Creditors Heading Toward `Accident'
  • Google Makes Mobile a Priority in New Search Algorithm