That runs the debate said the event would be virtual. Mr. Biden says he would take questions directly from voters on october 15 and is asking the Debate Commission to move the debate to october 22. The president says a virtual faceoff is not what debating is about. Mr. Biden says the president is trying to evade accountability and does not want to face questions about his failures on covid and the economy. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. The move toward a steady business. Morgan stanley announcing that it will by money manager eaton vance. We will talk to mike mayo about the acquisition and what is ahead for big Bank Earnings. President trump says he w
Only the second, since the end of the fiveweek shutdown brought on by the debt crisis. Bank shares were pushed to the downward trading limit yesterday of 30 . One analyst said the bailout will not work if greek banks do not bounce back. The greek Banking System is key to getting them back. They have to recapitalize the major banks quickly and they have major problems with their nonperforming. Once you get the greek banks of an lending, there is no hope for the plan to succeed. Erik in the bleak financial picture, the Central Bank Says almost 1. 3 billion has flowed academic countries bank since reopened two weeks ago. Scheier is making an offer in hopes of creating a Biotech Company focused on rare diseases. The price of the about the billion dollars and scheier says that represents premium of 36 and values the target company at more than 45 a share. No deal on the horizon right now and shire it spun off from baxter and they are not talking about the proposal. John cleary is in singapo
David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be running one of the Worlds Largest equity firms effective january 1. A little bit of runway. This is really only the second time that we have heard a clear sense of who will run the big private equity firm. Alix who is left that we need to hear from for secession . Wonder once i want to make sure we do not miss is that kkr to tee twowee guys up, but they said they were not going anywhere right now. This
Investors are considering the risks to the companies growth. Making that move today joins us live brian, welcome. Thanks for having me. Yeah, one of the big reasons that you made this call today. Theres several my view on the stock in business is that its a great business and a great stock accept for the fact that it hasnt gotten a lot better in the last 8 months. In fact the conditions around it have gotten worse. You know political macro uncertainty. Thats not good for them you have more awareness at least on my part thats a new Consumer Privacy protection policy that will be in effect as of may of next year. Thats using data to target advertising that very few investors are even aware of in the united states. Next you have increasing problems with viewability that marketers were not aware of last year and 2 of ads viewable by one study i have seen. 20 by some others i dont think most large marketers are aware of this and hasnt impacted how they were budgeted you see the news on thur