News conference. And six months from the e. U. Referendum, what exactly do we know about brexit . The big question this is bloomberg surveillance. I am mark barton in for francine lacqua. Here is nejra cehic. Deutsche bank and Credit Suisse have agreed to settle u. S. Investigations into their dealings in mortgagebacked securities. Deutsche bank will pay a 3. 1 billion civil penalty and 4. 1 billion in relief to customers. A 2. 48uisse will pay billion civil penalty and 2. 8 billion in relief for homeowners hit by collapse from housing prices. The Justice Department is suing barclays for fraud over the sale of mortgage bonds. Its as investors were deceived about the risk of securities. Our glaze has rejected the allegation, saying it will vigorously defend the complaint. President elect donald trump says he has asked boeing to of its superade hornet jets that could replace the Lockheed Martin f35. That is the main fighter of the airport, navy, and marine corps. It is the most expensive
Lee. Prosecutors vowed to continue the Corruption Investigation without wavering. We will have the latest from seoul. And for now european markets are all headed higher theresa may is speaking in davos in less than an hour and so we are watching the pound sterling. We are also going to be getting the inside track on the winners and losers. Also, streaming service net flicks reported a huge boost in subscriber numbers, they put it down to their original conflict, it is a little bit like netflix and chilling. Do the streaming services make your much watch shows . Do get in touch, use the hashtag. Welcome to the programme. Do get in touch with your comments, not just about netflix do get in touch with your comments, notjust about netflix but do get in touch with your comments, not just about netflix but about do get in touch with your comments, notjust about netflix but about our other stories. We love to hear from you. We start here in london where fears of a costly brexit exodus of bank
Pounds to the fca, and thats to settle a russian laundering probe. U. S. Stocks suffering their worst day so far this year after Donald Trumps travel ban rattles investors. The president also fires acting attorney general sally yates saying she betrayed the department of justice by refusing to enforce immigration orders. Good morning, everybody. Welcome to the show. Good morning. Another eventful 24 hours in terms of that political direction. European markets this morning a bit higher. Yes, it is worth noting we did, indeed, see some weakness out there. Stocks at sixweek lows heading into the session but well above where we were before the u. S. Election on the 8th of november. Keep that in mind as we look at the markets. Some of the bigger movers out there, youre looking at ocado. Shares leading the way in europe after fullyear revenues hit almost 1. 3 billion pounds. Pretax profits jumping by 21. 8 . This online grocer said it is busier than ever in talks with overseas partners and t
Daybreak europe. I am anna edwards. Manus i am manus cranny. This is where does dollaryen go. A romance between donald trump and shinzo abe, the market likes what it has seen on the golf course and front steps of the white house, so where does dollaryen go . 115 . Net short positions have been reduced, Asset Managers have reduced positions, so might be running into a resistance level. Does that dictate where dollaryan gomes . We will talk about that it. They could guide risk sentiment, cpi numbers or capitol hill. The risk rate, dollaryen , in terms of risk sentiment, watching out for what janet yellen has to say. Stanley fischer talking about concerns. The asx 200 up. 7 . Rio tinto hitting a threeyear high. Manus is it a dollaryen story or dollars story . We have not seen a winning streak on the dollar like this since early november, all see markets moving, but look at that iron ore, the highest in two years. You have a surge in china to the highest level and 13 months, 12. 5 last wee
Again wow on the dow 10 straight sessions of gains. And more records broken. Question is, how long can it last . As you can see, europe is slightly off today. We will tell you why. And, this week on bbc news weve been looking at the issue of disability in the workplace. Later in the programme well speak to our producer in charge of the series. Johnny cassidy gradually lost his eyesight when he was a teenager and hell be talking to us about his unique experience of the newsroom. Today we want to know with japan allowing workers to head home early on a friday would you like to see this introduced in your workplace . Is it overkill or should employers be more sympathetic . Let us know. Just use the hashtag bbcbizlive. I tell you what, when you start at 4am in the morning, i dont want to go to 3pm welcome to the programme. We want products made in america made by american hands. That was the pledge of us President Donald Trump when he addressed Cheering Workers at boeing last week. And he