JPMorgan Legal Woes Have Peaked: Algebris's Serra

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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)

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