And itching to raise rates for a while. I do not think there is going to be a hike on march 15, but i could understand why the odds climbed. Matt big changes at the Worlds Largest hedge fund. Bridgewater associates. Ray dalio is stepping down. A lot of news coming out of bridgewater from ray dalio. I would lead with John Rubenstein leaving as the cochief executive officer. And aw, snap snapchats Parent Company begins trading, publicly. Can it live up to the height to the height hype . It is all straight ahead on bloomberg best. Matt hello and welcome. I am matt miller in berlin. This is bloomberg best, your weekly review of the most important business reviews and analysis from business Bloomberg Television around the world. Lets take a day by day look at the top headlines starting with monday when a proposed 12 billion Exchange Merger teetered on the brink of failure. 30 billionbanks attempt to acquire the bank a lot of people are saying politics will ultimately kill this deal, but it
Wanting to raise rates for a while. I do not think there is going to be a hike on march 15, but i could understand why the odds climbed. Matt big changes at the Worlds Largest hedge fund. Bridgewater associates. Ray dalio is stepping down. A lot of news coming out of bridgewater from ray dalio. In a statement i would lead with , John Rubenstein leaving as the cochief executive officer. And aw, snap snapchats Parent Company begins trading, publicly. Can it live up to the hype . The excitement is palpable. Matt it is all straight ahead on bloomberg best. Hello and welcome. I am matt miller in berlin. This is bloomberg best, your weekly review of the most important business reviews and analysis from Bloomberg Television around the world. Lets take a day by day look at the top headlines starting with monday when a proposed 12 billion Exchange Merger teetered on the brink of failure. Deutsche banks 30 billion attempt to acquire the London Stock Exchange appears to be on the verge of collaps
Shadow brexit secretary, the portuguese finance minister, and a Brexit Committee member. The Vice President of the European Commission also joins us a little later on. The four we get the brussels, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra President Trump will be briefed later on various ways to implement comprehensive tax code changes. He will be presented with possible changes i officials including gary cohn. That is according to people familiar with the meeting. French president ial candidate Francois Fillons wife penelope has been charged in the fake jobs probe according to reports by french Media Outlets citing unidentified judicial sources. Her husband has been charged with graft, which he denies. Calls to an olivia fillons lawyer were not immediately returned. Blackrock is said to be shaking up its unit by cutting jobs, reorganizing funds, and lowering fees according to a person familiar with the matter. The revamp moves money into cheaper offe
Good morning, everybody. You are watching the pulse. We are in london. Iming guy johnson. We are goingg ciao to tell you why italys leading car manufacturer is leaving mama. And talking of cars. Pimp my mclaren. The are talking to the Company Working on the interiors of the worlds fastest cars. Check it out later. Thats get to our top story. Socgen posted a profit increase for the Second Quarter. With sanctions looming over russias economy, will that start to threaten the bottom line of frances secondbiggest bank . Caroline connan is in france. She has got the story. She has been talking to the deputy ceo. Guy, if you look at the earnings of Societe Generale, they were pretty good numbers. They beat estimates. For the risky loans declined by about 24 . The net income was at the highest level since mid2010. Of course, we have to look at russia. Russia is one of their big strategic markets for Societe Generale. It is the secondlargest market by client for Consumer Banking for Societe Gen
Mortgage applications. Old news. Trade balance is ancient news. It is not employment news. You go. Janet yellen is not paying that much attention. Hey, she is watching everything. [laughter] she has the star trek enterprise of dashboards. We call that the bloomberg terminal. Continue. We have time warner in the next hour. Chesapeake and aol. Cody for century fox. 21st century fox. What a shock that was yesterday. Wow. Topic at be a major bloomberg surveillance. We look at the transactions of media. Lets look at the transaction, which is your data check. Weight to the screen here. We will talk about that. The euro was weaker. On to the next screen. The vix shows some of the tension. The ruble is a big deal this morning. Over 36. L out. 105. Is under brendan, help me here. You spend a lot of time in brussels. What is nato going to do . Something interesting. More and more people pay attention, the foreign minister of poland, he is the one willing say that european leaders things that mak