All the details from our hong kong newsroom. Manus and a chairman resigns, ending a 20year career. We are live in berlin, for the latest. Hello. Welcome to countdown. I am mark barton. Caroline and i am Caroline Hyde. Manus and i am manus cranny. Mark pensioners and Civil Servants. Manus and it equity target of 10 . Of course, it abandoned its original target of a return on equity a number of years ago, so return on equity their of 12 . That was with the Corporate Bank side of the business. This is the strategy for Deutsche Bank. Focusing on investment. This after they delivered their firstquarter numbers, the secondbest revenue on record driven by the Investment Bank it should be said. A posttax return of 10 , with planned growth leverage reductions, so this is reducing the amount of weighted assets on its Balance Sheet, which carry big capital requirements. The target there, 200 billion euros worth. Everyone is in the same game here. Barclays, ubs, credit suisse. All of the major ban
Todays election leader and shout. Its moved a people person. In washington d c im irritated if youre watching our team aircraft. Why would i as appearing man fled the Us Government and the for years about aspects of a Controversial Interrogation Program concealing details of harsh treatment a detainee is this is all according to a report released by the Washington Post that were until the boss of the u s officials who have already seen a forthcoming Senate Intelligence Committee Report is expected to expose the prop the program according to us officials remain anonymous the sixty three hundred page report includes would be described as disclosures regarding the Sprawling Network of secret detention facilities or black sites the sites were ultimately dismantle by president obama in two thousand nine of the four men prisoners were allegedly subjected to harsh interrogation techniques when alice where cher there was no information. Prisoners can reveal. A spokesman for the friday said the
Fluids, you have to be completely covered. That will be one of the things, the protocol will be finalized soon, but one of the things will be complete covering with no skin showing whatsoever. Health Officials Say in the u. S. , more than 300 people have had possible or verified contact with ebola patients. The World Health Organization has declared nigeria ebolafree. The u. S. Is ramping up efforts to keep Islamic State from over running a key syrian city. Dropped eight to go bonnie. Aid to kobani. Plates of been attacking Islamic State forces in the area. Ibm promising to make what it calls a Major Business announcement an hour from now. According to people who know ibm will begin be getting rid of a company that makes chips. Unbelievable. The chipmaking unit has been a drag on their earnings. There is a report that a group of investors plans to make a 2. 2 billion bid for reebok. Reebok is owned by a deed us. According to the wall street journal, and hong kong private equity firm wi
Whats different this year is q 4 doesnt have easter but this year it does so the comparables are tougher. I expect it to recover as we move into next summer. Alka tell luce sent is trying to shore up its Balance Sheet. And a settlement for sse capital. A deal will be signed today for the landmark case against the embattled hedge fund firm. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Good morning. We have some breaking news to share with you this morning. Lets just dive into the eurozone latest manufacturing pmi printout for october. Its risen to 51. 3. This is the latest in line with what we had from the flash number, 51. 3. So no change in the second reading effectively. It is slightly higher than the number that we had back in september, which was 51. 1. The output index has risen to 52. 9 consistent with the flash number. So these numbers coming in today shouldnt do much to shock the market too much. In terms of the output prices ind
Assets by another 120 billion. Boj says it will discuss raising its inflation target next month. Tech stocks fall in europe after ericsson unveils a swedish crown writout related to its loss chip venture. Reports say the intercontinental call is in talks to buy euro next. And vows to continue the current governments battle against japanese territorial claims. Japans central bank has decided to extend its Asset Purchase Program to 120 billion. It will review the banks stance on price stability next month. Abe has been putting pressure on the boj to raise its inflation target to 2 as part of efforts to fight deflation. For more on the fallout or the impact here, lets talk to luca from asia pacific. You look like youre in mourning here, but it sounds like the bank of japan has delivered pretty much what the market was looking for the. Yes. It was delivered in order to be seen as losing independence after the campaign, very Aggressive Campaign from the ldp party on the bank of japan indepe