Divorce bill to the eu worth up to 50 billion euros. Asked on a trip to iraq if the figure was agreed, the Prime Minister, theresa may, said talks were continuing. Now on bbc news, all the latest Business News live from singapore. Shares of australias big four banks plunge after the government sets up a Financial Commission to investigate it. And will be rebound from last quarters sluggish growth rates 7 from last quarters sluggish growth rates . Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. I am rico hizon. Its a thursday. We start off in australia. The Prime Minister of the country announced this morning he has established a Royal Commission to investigate the banking industry. This comes after the four big banks of australia called on the government to open the enquiry to restore the publics faith in the financial system. It caused shares in the big four banks to fall roughly 1. 5 in sydney trade. For news on the latest in parliament, i am joi
Hoursr in hal af an time. 4sbcs First Quarter hit 5. 9 billion. It will contemplate share buybacks as and when appropriate. Anna edwards spoke with the banks cfo and asked whether 2017 will be the end of revenue decline. I have to say id be a happy man if i could close out 2017 right now. Revenued to see 4 growth over the course of 2017 and notwithstanding a very good start in the First Quarter. That is the guidance we are holding as we move into discussions with investors. Anna can i ask you about share buybacks . Were were some that disappointed to not see another. Last summer he talked, you said the ratio target of 12 . If youre about that you will contemplate returning cash. You are well above that. Why no cash right now . We have just finished a 1 billion buyback on the 12th of april. When you add to what we did last year, that is 3. 5 billion. I would not encourage investors to think we are going to do buybacks every quarter. Were very happy at 14. 4 . As we said, the happier las
And again i want to thank politics and prose and also cspan for thinking enough of this series to come out and continue to cover. You dont get these kinds of people in this kind of room without getting this kind of coverage. I want to thank you all for being here tonight for our fifth installment. I want you to feel free, feel welcome, feel like home. Come to the microphone, ask a question, intelligent, civil, and we will answer. And i want to come without further ado, introduce this great great pedal because were going to get into some bullet points on their career and were going to get into the discussion. Discussion. I want to start off with someone who i have such respect for, such apparition, love four. Dr. Mary Frances Berry. Shes a former head of the civil rights commission, you civil rights commission. Shes also, shes got a list of things shes done. Shes been jailed for fighting against apartheid in south africa. The list goes on and on, but shes also the author of the book, fi
We are people who are real. We have dealt with this and written about it. Again, i want to thank politics and prose and cspan for thinking enough of this series to continue to cover it. You dont get these kinds of people in this kind of room without this kind of coverage but i want to thank you all for being here tonight for our fifth installment. I want you to feel free, feel welcome, feel at home. Come to the microphone, ask a question, intelligent, civil, and we will answer. Without further ado i want to introduce this great panel. We will get into bullet points on their career and into the discussion. I want to start off with someone who i have such respect for and admiration and love for. Doctor Mary Frances Berry, former head of the u. S. Civil rights commission. She has a list of things she has done. She has been jailed for fighting against apartheid in south africa. The list goes on and on. Awe o she is author of the book 5 and a pork chop sandwich and the corruption of democra
[applause] thank you so much. Its great to be here at politics and prose again. This is the fifth installment of our race in america series. I want to thank politics and prose for the vision. A a lot of playings dont have the vision. This book store has set the tone for book stores round the nation to talk about such a sensitive issue, matters of race, and, yes, were authors, and we are people who are real and have dealt with this and written about it, and again issue want to thank politics and prose and cspan to think enough of the series to come out and cover. Dont get these kind of people in this kind of room without getting this kind of coverage. So i want to thank you all for being here tonight for our fifth installment i want you to feel free, feel welcome, feel at home, come to the microphone, and a question, intelligent, civil, and we will answer, and i want to without further adieu introduce the great, great panel. Were do some bullet points on their career and i want to start