From bloombergs European Headquarters. Lets get to our top story, credit squeeze. Raised capital as a part of its strategy. Francine lacqua is on location. Pressing, a good morning to you. A great interview so far, talking to tj talking to tg tijian. Francine it was quite strategic overall. Clearly focusing on the wealthy in asia. He did say he will unlock value in the swiss bank. Handinhand with costcutting. This is what is getting investments investors worried the most. You have to be efficient no matter what. That [indiscernible] it is a very serious decision. Something we will like to keep. We have pushed for selfhelp. We are rightsizing the Investment Bank. We are cutting by 72 . We are cutting prime. That is good to free up capital, because we are reducing the capital cost. Where cutting cost of 3. 5 billion we are cutting costs, 3. 5 billion. 2. 7 initiatives were launching. What i can say about these not an is they are ambition. Where worked very hard every day for three months
Sorry to cut you off. Pam cook. Its early, steve. No. Its late. 4 30. Almost lunchtime. We have good news. We have rain. We like that. Not just sprinkles. Its going to rain a measurable amount. Its not coming in until this afternoon, but its on the way. If youre watching oh, on the north coast, decent rain forth brag north looks good, down to San Francisco is going to get measurable out of this. Starts to fall apart as it inches southward, but today favoring. Were oh, okay in the morning, a ways to go. There is the system. Theyll be hard pressed to get above 65, but i went 70 with south wind. 50s on most temps, not much of a breeze. Southeast starts to crank up later on. Cold air with the system as well, that helps. Morning fog, sun. Increasing clouds. Picks up and rain for the north bay this afternoon. 60s and 70s, maybe the evening commute could be a little dicey, sal. I was having a very funny conversation with anyone who would well, someone in the newsroom, i should say, that peopl
Hoping for, something to hold on to. Thank you for joining us. Wednesday, september 16th, im pam cook. And ill dave clark. Good morning. Weather and traffic. Steve paulson says somebody is going to need an umbrella today. Up there in lake canyon, somebody tweeted me saying they may need tarps or rain gear. Its not going to be torrential, but theyre going to get rain. If you have something to give, you might want to do that because there are areas that are going to get quarter to half ifrnl of rain. There is the system inch of rain. There is the system. Not too shabby. On its way into the north coast. Fort bragg, pretty close there. We have a ways to go fl morning commute is fine. One report of drizzle around cord 0 mrgs ad etion ra, just off the sonoma coast. Afternoon, evening commute could be a little dicey. Increasing clouds, low and high. Rain develops late morning to the north and then for everyone else this afternoon and this evening. North bay quarter to three quarters of an inc
Fuel for a 2016 bid for the white house. Well have a full report coming up. Also tonight, the Obama Administration kicking its campaign to sell the president s nuclear deal into high gear, but more democratic defections are starting to pile up. And a new report from the United Nations agency tasked with inspecting Irans Nuclear facilities indicates that the country may have, in recent months, built an extension to most controversial nuclear site. Ill take all of that up with former u. N. Ambassador john bolton among my guests tonight. Our top story, donald trump once again, extending his lead into the republican president ial field. So much so that polling experts are reportedly dumbfounded and now questioning whether everything that they know about winning the white house is wrong. Fox news chief Political Correspondent carl cameron has our report. Reporter billionaire front running republican president ial candidate donald trump has led the polls for more than two months and addressi
Fuel for a 2016 bid for the white house. Well have a full report coming up. Also tonight, the Obama Administration kicking its campaign to sell the president s nuclear deal into high gear, but more democratic defections are starting to pile up. And a new report from the United Nations agency tasked with inspecting Irans Nuclear facilities indicates that the country may have, in recent months, built an extension to most controversial nuclear site. Ill take all of that up with former u. N. Ambassador john bolton among my guests tonight. Our top story, donald trump once again, extending his lead into the republican president ial field. So much so that polling experts are reportedly dumbfounded and now questioning whether everything that they know about winning the white house is wrong. Fox news chief Political Correspondent carl cameron has our report. Reporter billionaire front running republican president ial candidate donald trump has led the polls for more than two months and addressi