The carmaker warning on profits and analysts cutting their price target on the stock. Well start off in the financial sector. Santander posting a drop in nine month profit in its domestic market. Profit for the first nine months, 1. 8 billion euros, down 66 compared to the same period last. 90 of government enforced write downs have now been completed. A sxchlt a thinks it will meet full year targets. Revenues up 1. 3 in the period. Strength in property and casualty insurance. And Credit Suisse is targeting an extra 1 billion extra francs in cost savings after posting a slide in Third Quarter earnings. The ceo has been speaking to carolyn roth and she joins us from zurich. What kind of mood did you find mr. Dugan in . Hes always pretty upbeat, and he always talks business, but thats his job. The numbers for the Third Quarter werent so bad. Yes, on the bottom line, we did see a slight miss because net income only came in at 254 million swiss francs versus expectations of 370 million swi
This is todays Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Euro trade ahead of the ecb Rate Decision with the central bank not expected to move. Theres a new man in town. The next bank of England Governor Mark carney faces lawmaker easy here in the uk with investigators keen to get his read on the outlook of the economy. New money below expectations, although the stock is trading higher. And the falling yen helping to keep sony in the game. The playstationmaker plans to stay in the game. Youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. Welcome to todays program. Weve got extended programming today because of the bank of england and ecb rates. Its not the Worldwide Exchange program are you involved, still . Youve got a long day ahead. If you like your Business News if you like your central bank meeting, which come on. And here is the thing. I was talking about it earlier in the w