Moving news from all around the world from frankfurt, to london, taiwan, our bloomberg two iowa, our bloomberg voices are on the ground. Commodities leading the charge for the quarter. Here for more is bloombergs sonali basak. Income net interest coming in above analyst expectations is a great thing for bank of america because it shows the bank is doing what a bank should do. That is loan growing, deposits growing. Investment banking mergers and acquisition fell short than expectations, but we are seeing that across the board. We want to see confidence among corporate clients now that we know consumers are holding steady. Alix what were some of the worries through the quarter . Sonali the expenses were up, but bank of america was a costcutting story. Something we are hearing from all of the banks is the propensity to keep investing because the cycle is getting competitive at this moment. Alix thank you very much. Now i want to go to the latest on trade. President trump is ready to sign
Goes to india for a look at why women find it hard to get paid jobs. Hello and terry Martin Thanks for joining us a push towards a full ceasefire in libya World Leaders gathered in berlin over the weekend for a peace conference they agreed to stop interfering in libya and respect the u. N. Weapons and bargo but after 9 years of war the rival factions on the ground in libya are still refusing to meet face to face. Is a mighty gathered in berlin on a sunday afternoon world powers united in a mission of hope german chancellor Angela Merkel invited representatives of more than 10 countries to press for a solution to the long running conflict in libya. And it was only a few hours before the end of breakthrough no more arms shipments to the war torn country. We can confirm that we have all agreed to respect the arms embargo and will also money toit more closely enough in the stack of continue to hold this in the gun that the fight is. However they havent yet spelled out consequences for brea
The performance of wells fargo, which is proving to be a drag. The 10 year yield in the u. S. Is down to 1. 82 . Wells fargo down more than 4 , one of the worst performers in the s p 500. Plenty of other stocks we will talk about. Tesla is close to that 1 billion valuation mark. Delta boosted on its earnings and also the 737 max grounding, which it doesnt have. We just saw boeing delivery numbers, and for the first time in its 45 year history, it has seen its worst performance against airbus, fewer than half what airbus managed to deliver last year. Guy it will be interesting to see what the 2020 numbers look like this time next year. In europe, volumes are ok today. European equity markets going nowhere in a hurry, up by just 0. 2 . In terms of where we are with the german tenyear, we are now only down by one basis point, so we are a little bit better bid on the bond market today than we were yesterday. But are we going to continue to track back toward zero . 1. 1122. Ar trading to th
Legislation offers no possibility for further delay. The bill would take the u. K. Out of the European Union by january 31. China may consider legalizing samesex marriage. Global times says the top legislative body has been advised to make gay marriage legal when it updates its code. China decriminalized homosexuality in 1997 and removed it from an official list of mental disorders in 2001. But there are no laws protecting the Lgbtq Community from discrimination. Global news 24 hours a day on air powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Vonnie live from bloombergs World Headquarters in new york, i am vonnie quinn. Amanda here are the top stories we are following around the world. Out with the old, in with the same. Bailey will be the 121st governor of the central bank. He succeeds mark carney stepping in in march shepherding the u. K. Through brexit. Said it will idle major operations at factories near detroit layi
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