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)
UniCredit Considers Cutting 10,000 Jobs
37:21 - UniCredit SpA is considering cutting at least 10,000 jobs as Italy’s biggest bank reviews its strategic plan, according to people with knowledge of the discussions. Bloomberg's Vonnie Quinn reports on "Market Makers." (Source: Bloomberg)
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