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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140107

Confirmation margin on record. She will take over. The president himself is calling on congress to extend Unemployment Benefits therein that vote will happen today about 12 noon. The russian is t will than the benefits by 13 weeks. Not cheap. It costs 6. 4 billion. Has noted that for every one dollar you spend that you give people via Unemployment Benefits, that translates into 1. 5 of gdp. Finally, samsung. The first profit decline in nine quarters. They are having a tough one. We scoured the papers this morning. For me, i am loving Eliot Spitzer and his jamaica trip. It is cold outside. We have got record lows across the country today. Yesterday in chicago, minus six degrees. We will struggle. That is not a wind chill. That is the low. And the in the midwest northeast. Today in atlanta, the low is minus five in orlando. Class and they cannot handle it. I cannot imagine taking my kids to disney world. Orlando in orlando, people in minneapolis are ready for. People had no shirts on. Th

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JPMorgan picks HSBC, StanChart to run $500 billion custody business in Hong Kong, Taiwan

JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets worth more than $500 billion, a spokesperson for the U.S. bank said. Reuters reported in December JPMorgan, the world's third-largest global custodian, was set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and StanChart in the race for the mandate.

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