Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from the city of london. I am anna edwards. Manus i am manus cranny. We have breaking news from one of the big banks in europe. Underlying profit comes in at ¥650 650 million euros. If you want to see a buffer of capital, these guys have got it aplenty. The underlying cost to income ratio, this is going to be good news for the market. It comes in at 60. 2 . This was one of the concerns at the end of the year. Their cost income ratio was rising. It came up to 65. 9 last year, the year before. Underlying profit, 650 million euros. They have a buffer of capital. Cost operating expenses, to income ratio, looks as if it is coming a little bit more under control. We will have the conversation chairman at amro 6 20. They join us in 15 minutes. The let us talk about state of risk. Volatility is rising again, but do not go nuts about it just yet. This is certainly reflecting in the way we were talking about the la
Where he started but where delighted. Its a real honor and a privilege to have such scholarship not only inhouse pessoa actively and selflessly involved. Six years ago when we had the opportunity to involve them in the Academic Program here who would have thought that this gracious and on the soul that we see as an alum would bring that personality to the scholarship we wanted him to be apart of. This is a gentleman who has an opportunity every turn to be applauded for excellence on so many levels and yet robert caro is an alum to her students, he is a classmate and he is a class act. This year we have a wonderful opportunity to see something we have never seen before and barry will talk about a repeat with the paper in this years awardee. We also have the opportunity to rip surprise bop with our greatest honor on the academics and one of our favorite academics. We named the history class that he taught and robert a. Caro history class and what an honor does for all of us to have his n
Members of the class of 53 who are here we will never let him forget where he started but we are delighted. Ill come. Its a privilege to have such scholarship so actively and selflessly involved. Six years ago when we had the opportunity to involve him in the academic program, who would have thought the scene gracious, openness we see as an alum would brinbring that person out that h of the him to be a part of the. This year we have a wonderful opportunity to see something we have never seen before. And berry will talk about a repeat. We also have the opportunity before the ceremony to surprise him with our greatest honor to one of our favorite academics we named a history classroom after him. What an honor it is for us to have his name alongside of ours forever. If i may i would like to invite barry up to the table. He worked with us to give this work that has quickly become the most respected academic award that we are quite proud of involving the alum. Thank you and come on up. [app
Class of 53 who are here to cheer their classmate on and never let them forget where he started. We are delighted. Bob, welcome. Its an honor and privilege to add such scholarship and selectively and so selflessly involved in. Six years ago when we had the opportunity to involve a bob and Academic Program here, who would have thought that the same gracious, open and honest soul we see on campus as an alum would bring their personality to the scholarship we wanted him to be a part of. This is a gentleman who are the opportunity every turn to be applauded for excellence on so many levels and yet robert caro to us is bob yerkes alum. To her students hes a classmate at every turn and he is a class act. This year we have a wonderful opportunity to see something we have never seen before and barry will talk about a repeat with the paper in this years 40. We also had the opportunity before the ceremony to surprise bob with our greatest honor from the academic here to a number favor academics
What a privilege and what an honor it is to welcome everyone to the sixth annual roberta caro prize for literary excellence in history writing. Enter special guest, bob and his family come extended family, one of his grandchildren. We welcome distinguished members of the class of 53 were here to cheer on and never let him forget where you started. We are delighted bob, welcome. It is a real honor and privilege to have a scholarship so actively and selflessly involved. Six years ago when we had the opportunity to involve bob in the Academic Program here, who would have thought that the same gracious, open and honest soul we see on campus as an alum would bring that personality to the scholarship we wanted him to be a part of. This is a gentleman who has an opportunity have returned to be excellent on so many levels and yet robert e. Caro is no one to our students, class later that returned in a class act. They see or we have wonderful opportunity to also see something weve never seen be