Fiserv-First Data Deal, May Gets Vote of Confidence, Fed Beige Book, Good Week for Big Banks

Jenny Surane, Bloomberg News Finance Reporter, discusses Fiserv acquiring First Data Corp. for $22 billion in a payments processing deal that marks one of the biggest financial mergers in a decade. Bloomberg News Reporter Maria Tadeo talks about U.K. Prime Minister May surviving a No Confidence vote by her government. Brett Ewing, Chief Market Strategist at First Franklin Financial, breaks down the state of the U.S. economy following results of the Fed’s Beige Book seeing growth as modest or moderate. Marty Mosby, Director of Bank & Equity Strategies at Vining Sparks, describes the performance of quarterly earnings from large U.S. banks. And We Drive to the Close of Markets with Ryan Detrick, Senior Market Strategist for LPL Financial.  

Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan 

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