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Us in a couple minutes. Plus, nova nordisk is experimenting with an obesity drug. And big tech struggles. Apple, those shares are looking for a bounce after a sixday selloff. Tesla, similar story. No longer one of the most valuable s p 500 companies. Lets begin with the 1 billion Equity Investment led by liberty strategic capital. Hes going to join us in a few moments. Got some clarifications today. More data on deposits, the percentage that are insured and so forth. I think its important to know when the former secretary of treasury did a previous deal, which was a deal involving a bank that really was one of the worst run banks in the country, came in, had the bid that was best for the ftic. The cover bid, much lower. It ended up making him a lot of money. Thats being dredged up as somehow against him. The reason i mention that is because the risks may even be bigger here. If only just because were dealing with so many rentco ....
London outperforming a little bit, oil prices are up. St. James is place. The wealth manager down by 20 today. This interview. You will understand whats going on here. Theres a big review of fees coming. Theres been some pressure to make that happen, particularly on areas like exit fees, so margins are likely to be under pressure. St. Jamess place under pressure on the back of that. Orsted, another 52week low, down 10 . This time its based out of the United States. The new yorks offshore wind price caps will not be raised. This is another blow to this business. I think that project is called sunrise. Do you cancel, not cancel . What happens next . It will be a tough story for or sted. Alix that is fascinating. If you cut and run, you have to write off more of the project. If you dont, you are stuck having to pay up this money for a project and not get reimbursed. Its fascinating how thats going to shake out. S p down. 2 , tech gett ....
Molly we started in athens, where after an allnight debate, the Greek Parliament has approved the countrys Third International bailout. Alexis tsipras got support from proeuro opposition parties. The third of mps voted no or abstain. Abstained. The latest bailout will involve tax hikes and spending cuts in return for 85 billion euros. France 24s alexander has the story. It is a night that divided the ruling syriza party. Prime minister Alexis Tsipras said it was necessary. I do not regret my decision to compromise on a bailout deal when the alternative would have been a heroic suicide for most of the greek people. Vote had toto rely on those from the new democracy party. The finance minister was accused of making provocative comments ahead of the vote. [shouting in greek] senior series officials criticized tsipras ....
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