From bloombergs European Headquarters. Lets get to our top story, credit squeeze. Raised capital as a part of its strategy. Francine lacqua is on location. Pressing, a good morning to you. A great interview so far, talking to tj talking to tg tijian. Francine it was quite strategic overall. Clearly focusing on the wealthy in asia. He did say he will unlock value in the swiss bank. Handinhand with costcutting. This is what is getting investments investors worried the most. You have to be efficient no matter what. That [indiscernible] it is a very serious decision. Something we will like to keep. We have pushed for selfhelp. We are rightsizing the Investment Bank. We are cutting by 72 . We are cutting prime. That is good to free up capital, because we are reducing the capital cost. Where cutting cost of 3. 5 billion we are cutting costs, 3. 5 billion. 2. 7 initiatives were launching. What i can say about these not an is they are ambition. Where worked very hard every day for three months
We had our lala snow on thanksgiving and it wasnt nearly as bad as predicted with tomorrows snow. There were only about two inches that caused some slushy areau in siouxland. There were also some areas where icicles formed. Now with the expected storm, Sioux City Police have provided some safety tips for the roads select your routes carefully. Plan ahead of time so that might mean leaving soonene slow d dn. The speed limit is based on perfect road conditions. And make sure your vehicle is in good maintenance. To find out about late starts or School Cancellations you can go just go to the weather tab and click on the closings and delays link for the most recent updates. You can also download ktivs storm team 4 weather app to keep up with the latest details on the storm. Many people across the country are headed home after visiting family and friends during the thanksgiving holiday. Many of those travelers are running into Severe Weather as they do so. Nbcs rehema ellis has more. Were he
Still under investigation, but Officials Say this ladder truck number 13 was on its way to reports of a structure fire when it crashed here in this busy west philly neighborhood. And you can see some of the damage left behind. This is a building that got its front side taken out. The cars and debris have since been removed and this entire thing was caught on video. In the minutes before the crash Surveillance Video captures people walking baltimore avenue, workers are out on the sidewalk. Then out of nowhere the ladder truck slides down the street and crashes into parked cars. Boom, like a bomb. Reporter well slow that video down. Truck with five firefighters inside fish tails down the street almost flipping on its side. And they lost control, i guess, and they took everybody. I dont know. They took out the cars. Reporter there were parked cars . And two of the firemen, one flew out of the car. Reporter the aftermath left five firefighter s injured, the force of the impact ripping apar
Groups of people. Now a lot of des moines homicides this year have involved young lives lost. But Des Moines Police say each case stands on its own. We look at every homicide as its own, specific incident. You know, you have to look at the contributing factors for each of them to figure out why they happened. If we can identify a trend or patten, we definitely mix up our policing strategies to address those. But right now, this looks like it was just a dispute in a bar. Somebody happened to have a gun, and you know, it just rose to that level. 01 25 police say there were enough witnesses present to give them a good description of the suspect. At the moment, we dont know if theres just one suspect or multiple who fired gunshots. We can expect more from police on the progress of the investigation tomorrow. Right thanks reid. Another trial in the metro will also begin tomorrow. It is for the man accused of hitting and killing a popular cyclist. Jonathan leyva is charged with homicide by o
Beginning of your work week. We have a preview. We were dealing with generally light showers today. Heres the latest on storm team 4 radar. Not tracking any rain in our immediate area. Good news for the folks coming back home. This rain is going to be pushing back into the area during the day tomorrow. Heres future weather at 6 00 a. M. Were still dry. For the Early Morning commute, youre going to be fine. 10 00 a. M. , rain pushing into an fredericksburg and shcharlotte charlottesville. Everybody dealing with showers in the afternoon. Could slow the evening commute. Rain doesnt come to an end monday night. It continues. Coming up in my full forecast, ill let you know when rain exits our area. Thanks. Your Washington Redskins are tied for first place in the division. Can you believe it . Carol joins us from fedex field with the big win over the giants. Carol . Erica, tied for first place, they own the tie breaker. 77,000 folks witnessed it today. It means a little bit of history. If th