May 10th, 2016
Credit Suisse a 'Credible' Consideration, Says Bevan
European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG buoyed banks. Credit Suisse rallied 5.8 percent after posting a smaller-than-estimated loss. The Stoxx 600 is rising this week after falling 5.4 percent from an April 20 peak. A rally that pushed up the gauge 16 percent from a February low unraveled as analysts slashed estimates to call for a profit decline this year, and disappointing economic reports cast a pall on prospects for global growth. CCLA Investment Management CIO James Bevan discusses with Bloomberg's Mark Barton on "The Pulse."







