BofA Profit Tumbles 43% on $4B Litigation Costs

July 16 (Bloomberg) -- Bloomberg’s Erik Schatzker reviews second-quarter results from Bank of America as profit fell 43 percent on $4 billion of spending on litigation costs. He speaks on “In The Loop.”

Yi Gang: China to Cut Red Tape for Yuan Transaction
18:03 - Deputy Governor of the People’s Bank of China Yi Gang speaks on how China will cut red tape for Yuan transaction as he participates at the 2017 International Finance and Infrastructure Cooperation Forum at Bloomberg HQ in NY. (Source: Bloomberg)
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