Welcome. Youre watching the pulse live from bloombergs European Headquarters. Were here in london. Im guy johnson. Im francine lacqua. It was a beat for barclays. An extra 750 Million Pounds were set aside for the currency probe. Anthony jenkins spokes to us first. This comes back to how do you reshape a beast . Do you cut off the legs . Do you cut off the head . What do you do . Jenkins is trying to put his stamp on this bank. He is dealing with expenses. He is dealing with legacy issues. When it comes to Foreign Exchange, that is a perennial issue. He didnt settle before christmas where he would have got a discount for doing so with a number of regulators. My question is should you gone with the rest of the crowd and taken that hit a little bit earlier. Did he make a mistake . He was quite optimistic though on the overall performance. We are required to provide what we can reasonably estimate at this time. I cant completely say that will be the end of the Foreign Exchange version, th
Around the region today it will be a cold day, colder than average for sure but we will flirt with 40 degrees by the height of the afternoon. Icon on 3 00 p. M. Does make it look worse than it will be, we are just looking for residual rain, snow shower, not to accumulate much if anything at all but aftermath of the noreaster that continues to pull away, with that said we have at least one weatherrelated delay to tell but, pen Ridge School District is opening two hours late today, you can head to cbs philly. Com to sign up for text or email leather to have that information sent immediately to your cell phone. We will send it into you. Im sure there are a lot of kid jumping up for joy right now. Do you remember that feeling wasnt that best feeling ever. If you are traveling out and about on the roads, specifically traveling on any majors, you will notice that you are going to find a sheen, you will find slickness and we want to show thaw by giving you a live look from mobile three. Trave
His shaky relationship with the president even worse. What is not the purpose of that speech is it is not intended to show any disrespect to president obama or the esteemed office he holds. I have Great Respect for both. Betty president obama tells that while he doesnt see i die with netanyahu on iran, the differences are not personal while he doesnt see eye to eye that yahoo on iran, the differences are not personal. Hillary clinton conducted business with her own personal email which would break rules. She has turned over thousands of cases to authority already. Russian officer is being remembered today. He was gunned down friday. He was one of the most outspoken critics of environmental of vladimir putin. The bank is facing a currency rigging probe and citing a 1. 25 billion for a possible settlement. And provide for what we can reasonably estimate at this time and that is what we can reasonably estimate. I cannot say that will be the end of the Foreign Exchange provision because th
This news that apple could be moving into the auto space along with google . These are some big tech players aiming to shake up the Auto Industry. And they have big piles of cash. On those two fronts, the Tech Companies are in a good position. Where theyre going to their parts from, what kind of engines they were built . He said that they can learn a lot because the cars themselves are starting to become more technology focused. They all have wifi and have an integrated driving experience. But the key depends on how many engines the Tech Companies intend to produce. If they just go with electric, they could get there a lot faster. If they try to compete with combustion engines, it will be a harder road to travel. That the soft the passat won the car of the year. Manus disclaimer, i dont drive a car. Mark we will be back there in a couple of minutes. He is bmws sales chief ian robertson. Manus Mark Zuckerberg stole the show at the Worlds Largest mobile conference last night. He took to
Release their data. Street smart starts now. Minutes from the federal reserves march meeting show policy makers are split over whether they would raise Interest Rates in june. Officials talked about Energy Prices and the strength of the dollar. Two policymakers said the economy probably would not be ready for tighter policy until 2016. Google is stepping up plans to offer youtube as a subscription. The Company Working on a service that lets users pay to use material online without advertising. This will put google in competition with netflix and hulu. Luke fans will soon be able to purchase sections of the floor on which the blue devils won this years ncaa tournament title. They are in final talks to sell the maple floor used. They determine whether the university will buy it outright or with the help of a third party. The price is still being negotiated. We have less than an hour to go until the close of trading. Lets go to the breaking news. Carla is looking at the aftermath. Carla i