European Stocks Advance; Asian Shares Gained

European stocks advanced for the fourth time in five days as American President Barack Obama defeated Republican Mitt Romney to win a second term. U.S. index were little changed, while Asian shares gained.

IIF CEO Adams Sees More U.S. Bank Consolidation
32:23 - Tim Adams, president and chief executive officer at the Institute of International Finance, talks about the future of regional banks and continued consolidation in the U.S. banking industry. He speaks with Bloomberg's Tom Keene on "Bloomberg Surveillance." (Source: Bloomberg)
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