The group went public in 1991 and has offices in 26 countries, including malaysia. Thank you so much for joining us. When you look back at the last 33 years, what would you have done differently . Martin gilbert definitely the crisis from 2002 to 2004. We almost bust the company. The reparation took years to recover. That was the darkest moment, appearing before to two treasury select committees. I would not recommend that to anyone to aspire to. Do you remember at the time thinking this was not going to work out . Or did you always have that fire in the belly saying, if i keep my road, if i explain this, find my own deals, we will survive . Martin gilbert i think so. No one expected us to survive. The newspaper said we would not. I didnt think we would not. Maybe it is misguided confidence. I always thought we were going to make it through. Division,r retail which was the hardest decision i ever had to make. We had about 300 people in aberdeen, where we are based, headquartered. That
Welcome to countdown. Lots of talk about this morning. Lots of centralbank activity, the bank of japan standing down, as the markets react, and the fed down guiding the pace at least of those. Lots of talk about those. Amongst all of that, we continue to focus on the brexit risk, the u. K. Referendum a week from now, a week in an hour until polls open. Let us try to contact relies the market activity we have seen in recent days, as many voices warning on the global stage about the risk of a brexit. President obama, angela merkel, mario draghi, and others. How tense a market as we run up to the vote. I have the stress index, which actually might be of some comfort, depending on how you are position for this. Talking about whether there is any kind of Systemic Risk. Pimco saying there is no Systemic Risk around the brexit question. You see the measure of Financial Stress in the market, at least on a level, as indicated by this web circle, the oval here. Saw atn as high as we the time of
Where are we in the Brexit Debate just a week to go until the u. K. Votes. We are less than half an hour until the european open. Futuresls disabling. We saw futures signaling. We saw asian stocks tumble. Check out what is happening with features. Asia tumbled 3 . Thats happening with futures. Asia tumbled happening with futures. Asia tumbled 3 . All eyes on the Eu Referendum. The cac 40 showing it to be down 1. 5 . It is going to be a down day. Here are your Asset Classes. Matt big, big moves. Ook at the nikkei down 3 15,434 closing, worst level in a month. You see the yen right now down to 104 104. 20 real strength in the yen last week you can find more than seven yen for a dollar. The japanese twentyyear getting close to a negative yield. It is going out and negativity. Brent crude falling another 1 . Down 48 down 48. 50. Real pressure on oil as more supply comes online. Lets get the first word news with haslinda amin. Haslinda matt, Deutsche Banks chairman has become the latest lea
Francine welcome to the pulse. Live from bloombergs european headquarters, i am francine lacqua. We have a great show lined up. Couldng to chris ailman also joining us later on, maurice leavy. Will be spinning to alex a mordashov. All our exclusive interviews. Lets get straight to the markets. The the picture european stocks. I want to see you again at 103. 9. There is more concern after Central Banks japan spurred concern that the Global Economy is losing momentum. Refraining from using Monetary Policy. This get to the bloomberg first word news with nejra cehic, nara. Nejra the yen jumped to a 22 month high and japan extended losses. Governor kuroda says he will not hesitate to ease further. The Swiss National bank has kept Interest Rates unchanged, conserving animation conserving ammunition. It has the potential to come to kate monetary easing desk to complicate monetary easing to come to kate monetary easing. The frank reminds the frank reminds overly valued. Minister saysy there is
Pursuant to the order of the house of january 7, 2014, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip but in to five minutes, no event shall the debate continue beyond 11 50 a. M. The chair recognizes the gentleman from illinois, mr. Shimkus, for five minutes. Mr. Shimkus thank you, mr. Speaker. I ask unanimous consent to revise and extend my remarks. The speaker pro tempore without objection. Mr. Shimkus thank you, mr. Speaker. Mr. Speaker, last week i came down to the floor to ask the Community World democracies to provide immediate financial help to the country of ukraine, and id like to report that the United States has committed 1 billion and the European Union has committed, as of news reports today, another 15 billion. This is critical