
Stuart Fraser, who helps manage about $39 billion as director of Brewin Dolphin Securities Ltd., talks with Bloomberg's Francine Lacqua and Rishaad Salamat in London about Bank of England and European Central Bank interest rates, the outlook for banking, telecommunication and construction stocks, and his investment strategy. European bank stocks rose on speculation that the industry may be recovering from losses linked to the declining U.S. housing market. (Source: Bloomberg)
