UBS Faces $1.6B Penalty, Sun Life Divests U.S. Unit

Dec. 17 (Bloomberg) -- Julie Hyman reports on today's top stories. She speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

China's Xi Defends Globalization at World Economic Forum
58:38 - China's President Xi Jinping urged the world's business and political leaders not to turn away from globalization as he highlighted both its benefits and pitfalls to the global economy. Xi became the first Chinese head of state to address the annual meeting of the World Economic Forum in Davos, Switzerland. (Source: Bloomberg)
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