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With hundreds of job cuts in its trading division. Banks either trading revenue slump. Banks see they are trading revenue slump. Matt we have breaking news out of the financial industry. Profitpany sees pretax materially below 2018. 2019 will be a big drop in pretax profit. The first half net fee and Commission Income was 171 million francs. Pretax profit was 2. 1 million swiss francs. Just. E money it has named a new ceo, Peter Sanderson will be the new ceo of gam. They are also lending a new chairman of the board, david jacob. Gam has assets under management 6. 1 billion swiss francs. It wil...

Regime in pyongyang. Going forward. And Christine Lagarde looks forward to the year to come. This region, asia, is going to continue to be a Global Growth engine. It is all straight ahead on this special edition of bloomberg best. Hello and welcome, im Rishaad Salamat on this special edition of bloomberg best. We look back at 2017 in asia, i revisiting the years most interesting interviews with newsmakers, policy interviews, n business. Rs i lets start with jack ma. Rare accessted to him in his headquarters in china as the companys celebrated its 18th birthday. It enjoyed massive growth in 201...

Going forward, we see better days ahead. Rishaad the Imfs Christine Lagarde looks forward to the year to come. This region, asia, is going to continue to be a Global Growth engine. Rishaad it is all straight ahead on this special edition of bloomberg best. Rishaad hello and welcome, im Rishaad Salamat on this special edition of bloomberg best. We look back at 2017 in asia, revisiting the years most interesting interviews with newsmakers, policymakers, and leading figures in business. Lets start with Stephen Engles indepth conversation with alibabas jack ma. We were granted rare access to him i...

The dollar, and President Trump. The ecb. Lisa the ecb is facing an economy that is recovering and not just recovering, but is definitely gaining steam in the eurozone. The question is, will they announced some kind of ending of their Bond Purchase Program and will they try to talk down that euro . The euro has been strengthening against the dollar. David it is not just the economy gathering steam, it is the euro. Lisa the fear is that it will eat into the corporate profits. David it also suppressed inflation that mario draghi said he wanted so badly. Steve mnuchin says he has been perfectly c...

Surveillance. We will be joined bygood mornind welcome the irish Prime Minister for exclusive interview. Ursula vontalking to. We will also speak to theresa may. Earlier i spoke to Philip Hammond. Now, before we get to more talk from davos, lets get straight to the bloomberg first word news. Imfs managing director has urged Steven Mnuchin to explain his comments in which he appeared to back a weaker dollar. To its lowestd level since december 2014 after mnuchins endorsement. We have said an hour presentation on monday that the u. S. Tax reform is likely to strengthening and the mediumterm in t...