Commitment to reviving inflation after yesterdays landmark German Court Ruling. Disney takes a 1. 4 billion hit. Bmw joins Fiat Chrysler and vw on warning for the Second Quarter. Unicredit set aside 900 Million Euros. We break the full forced quarter members. Firstquarter numbers. Have we have manus we those firstquarter numbers, a loss of 2. 71 billion for the First Quarter. The market penciled in a number of 1. 95 billion. You are bang on the money. They were one of the first to come out with 900 million set aside for covid19. Italy will contract by 13 . This is the challenge for they were one of the lead nonperforming loans. Unicredit, the stoxx 600 banks index still underperforming. The exposure is a critical issue for all of the banks. We do not seem to have broken that symbiotic relationship between banks and the sovereign. First quarter loss, 2. 71 billion. Net profit a year ago. This is a bank influx at the moment. In flux at the moment. We are waiting for numbers to come throu
Archives the focus on the 2008 economic recession, trade and finance. All of the programs that youre about to see can be viewed in their entirety by visiting our website, booktv. Org and you can do for the search function at the top of the page. First and february of 2015, the American Enterprise Institute Peter wallace and appears on our Author Interview program afterwards. He argued that government policy caused the 2008 financial crisis. Hidden in plain sight pretty literally caused the world financial crisis and why it could happen again printed you remember the financial crisis. It was investigating the causes and oh seven and oh eight pretty and you said that not only in the democrats on the committee but also from the republicans appointees, what did you see that they did not. Ive been looking at the housing system in the United States printed donna frank ansari, fannie mae and freddie mac. For quite a while before i got in the commission. So i had a lot of background of what is
Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells fargo and institutions across this country must understand that they are the last line of defense when it comes to protecting their companys shareholders, employees and cust
Cspan, your unfiltered view of government. Created by campell and 97 and brought to you today by your television provider. The former wells fargo executive testified themselves as the consumer abuses that led to the executives earnings. Members of the House Financial Services committee question the witnesses on their actions at wells fargo and why no one has been prosecuted for the consumer abuses. This is just over two and a half hours. Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both have resigned as our call for the resignations following the release of us phasing majority statute on wells fargos compliance failures in their individual failures as Board Members. Resignations do n
Thank you for your patience. Without objection, this hearing is entitled holding wells fargo. Agree just pattern of consumer abuses. I recognize myself for four minutes to give an Opening Statement. Today, we receive testimony from Miss Elizabeth duke, and mr. James quigley, who until later this week served as chair of the board of directors of wells forego and company, and Wells Fargo Bank respectively. Both have resigned after a call for the resignations. Following the release of a scathing majority staff report on walls far goes compliance failures, and their individual failures as Board Members. The resignations dont absolve meant them of their failures. Directors at wells fargo and institutions across the country must understand that they are the last line of defense when it comes to protecting their companies shareholders, employees, customers. While missed duke and quickly state they resigned to avoid distraction and quote let me be clear, this is not a distraction. We are exami