Unicredit reports its highest Fourth Quarter profit in a decade and rolls out its first Cash Dividend in half a decade. Shares in swiss re spike nearly 6 at the open addres ja softbank looks to invest in the insurer. Insurance is finally a very interesting industry its in a transformation its in a radical revolution the parameters that run the industry and constrained the industry for years no longer exist. And chinese imports surge in january and contributes to the yu yuans worst day in 2 1 2 years. One of the big stories, softbank in talks with swiss re about taking a stake in the company, that sent shares close to the top of the stoxx 600. The deal could be worth around 10 billion and would give the Japanese Firm a onethird stake in the reinsurer swiss re said the talks were at an early stage and theres no certainty any transaction will be agreed. Doesnt seem like investors are seeing it that way Zurich Insurance reported fullyear net profit ahead of expectations the figure came in
To disrupt the flow of funds to Illicit Networks around the world, and this is one of those things thats going to stay in place. And all of those entities, iranian or otherwise, that were designated for their support of any terrorist organization are going to stay sanctioned. That includes banks designated for those reasons, one an iranian bank that was related to hezbollah financing. Theyre going to stay sanctioned. Now, the real powerful aspect of this is part of these sanctions that were imposed under the comprehensive iran sanctions accountability and divestment act, the bill passed by congress in 2010, that bill said if you are a foreign bank and you do business one of these people on our list, if you help them transit money to, from iran to lebanon or any other place or even from iran to london for completely peaceful activity, doesnt matter, it can get cut off the from the United States financial system. That is stay anything place, and that is well understood by the iranians. S
Excused. Commissioner [inaudible] is in routeyou have a quorum also with us tonight is cheer of police cheer suhr and joyce hicks welcome to the august 5th Police Commission meeting. For those watching at home the view from up here is something, we vapacked house tonight. Beautiful faces that have been here for much of the summer. California Law Enforcement suffered a tairl loss last week at the hay word Police Department and ask my colleagues to adjourn the meeting in memory of [inaudible] please call the first line item. Item one, jenual Public Comment. The public is welcome to klaess the Commission Regarding itemsthality that are not on the agenda. Speakers shall address remarks as a whole and not individual commissioners or department or occ personnel. During Public Comment Neither Police or occ personnel nor commissioners are required to respond to questions but may provide a brief response. Commissioners and occ personnel should rerain from entering into any debates or discussion
Opportunity for the city and im going to hear tonight a little bit about what is going on at the shipyards and over the last 6 months our superintendent and deputies chief facility officer has been in conversation with San Francisco State University about an initiative partnering for a presence at the shipyards we wanted to present some of the early thinking to the board this is more follow but have next steps how to engage the board more deeply so basically, were xrrg exploring the potential for shipyard and on the next page in the handout about the existing work going on at the shipyard and this is really an opportunity to have a revitalized waterfront neighborhood with the whole vision for the residential and entertainment a research and development conveying campus a business gutter situating on the waterfront and as we think about much the innovation work going on there some of that will be moving into the shipyard this is going to be an exciting mixed use space and 6 thousand hou
Is not feeling well but welcome to our student delegates please join me in the pledge of allegiance thank you agenda item a approval of the minutes there are nun together as ive notwithstanding in the past if i meetings the members of the public if you wish to address the board of education you need to complete a speaker card prior to the item being called and presented to ms. Casco importantly according to policies and procedures speaker cards will not be accepted for an item already before the board id like to ask for your cooperation b pertains report superintendent carranza thank you mbes and public a special welcome back to the Central Office staff and commissioners welcome to the first meeting the new school year in the first 20152016 school year and as i mentioned all the site staff has returned to the schools to welcome the students next monday morning i feel the excitement well transform the students lives a reminder august 17th is the first day of school and all caregivers ar