restructure. investment bank, with significant restructure- restructure. chris, thanks for “oininu restructure. chris, thanks for joining us- restructure. chris, thanks for joining us- we restructure. chris, thanks for joining us. we are restructure. chris, thanks for joining us. we are out - restructure. chris, thanks for joining us. we are out of- restructure. chris, thanks for i joining us. we are out of time. don t forget you can get in touch with me and some of the team on twitter, i m @marklobel you re watching bbc news. in the past few minutes, the snp leader humza yousaf has appointed his cabinet after having been formally sworn in as the first minister of scotland earlier today. 0ur scotland correspondent alexandra mackenziejoins me now. yesterday we had a departure of his principal leadership rival, and presumably he will be hoping that today s announcements will take away from some of the bad feeling that was left by that decision? rural
was shut off or shunned. now that sudden change has hit the value of some of even the safest investments the banks keep some of their money in, so the big question is are we back to 2008, is this a rerun of the financial crisis? well, this is precisely what the authorities are trying to avert. chris roebuck is a british economist and former head of leadership at ubs. designed to calm markets, but that s not happened. overnight in asia and today in europe overnight in asia and today in europe there was an additional as sell-off europe there was an additional as sell-off. ., , ., ., ., sell-off. and now they are around the break even sell-off. and now they are around the break even point sell-off. and now they are around the break even point again. - sell-off. and now they are around the break even point again. does| the break even point again. does that suggest it has worked? it’s that suggest it has worked? it s movin: in that suggest it has worked? it s moving in the right
==imogen foulkes there in bern. joining me next is global leadership expert chris roebuck, a former head of leadership at ubs. if ever there was a test of leadership, this is it, isn t it? that is an underestimate! it is a test of leadership for the government, swiss regulator, and for ups and for switzerland as a country. we have got here to some degree of the first of where we were in the financial crisis where ubs was hit badly and credit suisse wasn t and the reason we re here now is fundamentally that because ubs was hit badly and bailed out and learn the lessons and what s interesting is that since the financial crisis it is clear that from scandals and the things credit suisse did not learn those lessons and other things. the fundamental one isjust that and other things. the fundamental one is just that making money at any costis one is just that making money at any cost is a recipe for disaster and your risk management must be right in leadership is about integrity as
world, it is all about confidence, fear and when that fear sets in and money starts to follow and evaporate, so investors start to take the money out. i will caveat that, and when you talk to bankers who do not feel like you are in the same crisis as a few years ago. but the pace of movement here, the emergency situation, trying to get this deal done potentially by this evening and before the markets open, thatjust evening and before the markets open, that just shows evening and before the markets open, thatjust shows how important it is. mark ashdown. earlier i spoke to chris roebuck, a former head of leadership at ubs and i asked him what this means to the swiss government. it what this means to the swiss government- government. it is a test of leadership government. it is a test of leadership for government. it is a test of leadership for the - government. it is a test of leadership for the swiss i government. it is a test of leadership for the swiss government, for the lea
michael buchanan, bbc news. the late queen elizabeth has been remembered by her son, king charles, to mark mother s day in the uk. in a twitter post, the king showed an image of the young queen posing with his as a young boy, along with the other royal mothers such as queen consort camilla and katherine, princess of wales. time now for a look at the weather with chris. hello there. this march has been pretty wet so far. if we take a look at the rain that has already fallen, there are some parts of the country that has seen 1.5 times the march average already, even though we are nowhere near the end of the month. the weather pattern over the next week will be very wet across western and north western parts of the country. i suspect, by the end of the month,