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June 20, 2024
Deutsche bank. We have had earnings. Up aancine, wrapping conference call. He will not rule in or out any capital increases. A great deal of reporting over the week, the past week they have to were inspired billion in a new shares. Revenues were down, profit was the dow. It was a beat on the numbers. Would take a closer look. Profits were down. We will take a closer look. Months, back to microsoft. With the purchase of the phones or units. Nokia have announced that rajeev suri will be taking the...
June 20, 2024
Also coming up on the program, the ipos are continuing thick and fast as lloyds announced it will sell shares in its state of tsb. Will the deals be snapped up . Here with more is caroline hyde. Lets start with tsb. How much is the offer . 25 . It has been estimated that it is worth about 1. 5 billion pounds. 370 5 Million Pounds could be up for grabs as quickly as next month. So far, it will be going to institutional buyers. They will also be depending on Retail Investors in a big way as well. ...
June 20, 2024
Beefed up in october. Their they saw their biggest gain in three year. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Plenty to get through on todays program. Well continue to travel through eastern europe. Karen is today in budapest where she speaks to the government about return to growth. Well find out why a village is hungarys solution to its subprime crisis. Shipping, selling potatoes, potatoes, its all in the speculation for samsung. Well dis...
June 20, 2024
3. 2 . Our road map begins with a 7,000 fine, every single day, thats what gm is paying because the Company Still has not provided enough answers about its ignition switch recall. Its not the only bad headline for gm this morning. More on that. Earnings season is officially under way after alcoa reported its results after the bell. What can the aluminum maker tell us about the rest of the quarter . We will have some answers. Instead of running from facebook, companies are willing to pay a lot mo...
June 20, 2024
Amounts of money into the monetary stimulus, but only three of 32 economists saw this one coming. Now it is going to be ¥80 trillion per year that the Japanese Central bank is injecting. About trying to foster that inflation, that 2 target they have. We look at what it did to asia. It ignited asian equities. Hang seng up more than 1 . Nikkei up almost 5 . Nikkei, highest in seven years. Lets see what it did to the yen. We saw the yen really see a sixyear low weakness, that is helping exporters ...
June 20, 2024
Their plan to get smaller. German bundesbank executive board member there are some parts of the stress test were more vigorous but others where we are less but its a rigorous stress testaments he only way to regain credibility and revitalize the market eventually. Ecb becomes, the the financial supervisor of the euro area. Affectedre somewhat by the dilma reelection in brazil. The brazilian real is down today. To captured 52 of the vote 48 for the opposition. Under rousseff brazil posted its low...
June 20, 2024
May be its biggest challenge yet raising money to fight ebola. Welcome to Market Makers. I am Erik Schatzker here at bank ofattan america were minutes from now, i will be interviewing the ceo and recently named chairman of the bank, brian moynihan. I dont need to tell you what is bank has been through. 70 billion is what bank of america has paid as a result of its role in the mortgage meltdown of the financial crisis that followed. Today, there is light at the end of the tunnel. It was a three d...
June 20, 2024
Bnp paribas. The cfo tells cnbc he believes the stress tests were credible. I think its really a hotel exercise that can help with overweighted european banks. It leaves bnp paribas well capitalized. Never say never. Novatny says in an exclusive interview he does not think qe should be on the table now, but leaves his options open. You should never say never. I do not fear this perspective. Display youre watching worldwide exchange, bringing you Business News from around the globe. And on this f...
June 20, 2024
Will justify the takeover. This is an opportunity to become the worlds number two player in the old index business. Mark carney is expected to unveil a host of measures to reign in lending now. And the latest ifo report forecast as growth stateside contracts more than expected. This as the two National Teams prepare to face off in todays highly anticipated world cup match. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Hello, everybody. Welcome. Welco...
June 20, 2024
Ahead for brazil after the reelection of the president. We will have those stories and more coming up in just a moment. First lets get you right to the top stories we are following at this hour. The European Central bank says ofwill settle 2. 2 billion bond purchases last week. As part of a renewed push to jumpstart europes economy. Reassureought to banks. That these were done in an extremely professional and credible b manner. Europe are banks in healthy and would resist drama. Holders of detro...