Merkel Clashes With Monti on Banking License

German Chancellor Angela Merkel and Italian Prime Minister Mario Monti disagreed on whether the euro area’s permanent bailout fund should receive a bank license as they seek to keep Europe’s debt-crisis response on track.

Credit Suisse Said Weighing Share Sale Over Swiss IPO
51:29 - Credit Suisse Group AG is reportedly considering selling shares valued at more than $3 billion dollars instead of going through with a planned IPO of the company's Swiss unit as it attempts to boost capital levels. Bloomberg's Michael Moore reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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