Credit Suisse's Varvel Sees Credit Enabling M&A
May 2 (Bloomberg) -- Eric Varvel, co-head of Credit Suisse Group AG's investment-banking division, talks about credit-market conditions and merger and acquisition activity. Varvel, speaking with Erik Schatzker and Scarlet Fu on Bloomberg Television's "Market Makers," also discusses Credit Suisse's strategy in investment banking and philanthropy. (Source: Bloomberg)
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Should Investors Be Shorting Australian Banks?
15:07 - Australia & New Zealand Banking Group Ltd. posted the lowest half-year cash profit in almost six years and cut its dividend for the first time since 2009 as it faces rising bad-debt charges and the cost of shrinking its Asia business. David Fickling, a Bloomberg Gadfly columnist, has more on "First Up." His opinions are his own. (Source: Bloomberg)