Good morning, everybody. You are watching the pulse. We are live from Bloomberg European headquarters in london. Also coming up is one of the deadliest jobs. Why crab fishermen risk injury and death. First we will begin our top story today. That is barclays. The bank announced a strategy revamp. I asked the ceo Antony Jenkins in the last hour if the bank can still compete on a global stage. We absolutely believe that we will be competitive as we are today. In the market, with the clients we choose to serve. Thatready have positions we are going to retain in the u. S. And u. K. And that is where our focus is going to be. We are confident we can continue to compete. We created barclays noncore, a set of assets we believe are no longer strategic for the group. We are confident that we can reduce those assets over time from about one hundred 15 billion pounds of risk weighted assets to 50 billion in 2016. If you are shrinking it by that much, how do you think you can still compete . You ar
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