Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from the city of london. I am anna edwards. Manus i am manus cranny. We have breaking news from one of the big banks in europe. Underlying profit comes in at ¥650 650 million euros. If you want to see a buffer of capital, these guys have got it aplenty. The underlying cost to income ratio, this is going to be good news for the market. It comes in at 60. 2 . This was one of the concerns at the end of the year. Their cost income ratio was rising. It came up to 65. 9 last year, the year before. Underlying profit, 650 million euros. They have a buffer of capital. Cost operating expenses, to income ratio, looks as if it is coming a little bit more under control. We will have the conversation chairman at amro 6 20. They join us in 15 minutes. The let us talk about state of risk. Volatility is rising again, but do not go nuts about it just yet. This is certainly reflecting in the way we were talking about the la
Shares in the telecoms arena, as the giant heads for the worst day in nin months after it slashes its 2017 outlook amid declining sales we will speak to borje ekholm in 15 minutes time. Swiss pharma giant novartis beats expectations in the Second Quarter, amid improvements in its eye care unit alcon, as the ceo tells this channel that th collapse of republicans latest healthcare bill will not affect his business im not so sure it provides certain certainty. What it provides is there will continue to be debate what will benefit patients in the u. S. Is if theres some level of coverage whether its voluntary or mandatory, but to allow the access to medicines through insurance plans that reduce the copays shares of lufthansa struggling despite the German Airliner lifting its profit target for 2017 after a busy summer for bookings netflix blows away expectations for subscriber growth, with investors scrambling to bid up the streaming services stock, sending it higher by more than 10 in afte
BEDFORD - A Bloomington man is behind bars charged with the murder of Johnnie Grubb IV, 44, of Bedford. More information has been released on the crime. Johnny Grubb IV On Saturday, May 18th, at 10:35 a.m., Lawrence County Central Dispatch received a 911 call reporting a shooting in the 500 bloc .