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Transcripts For BLOOMBERG Countdown 20141106

The president of the European Central bank as he prepares to reveal his next move. Welcome to countdown. Im manus cranny. Im anna edwards. Lets begin with banking. Mapping out the next five years at the bank. He made clear that the bank would be hiring fewer highly paid Investment Bankers in the future. Of pay, we believe in paying performance and pain competitively. We are able to do that as we reposition the business. Of course as we make our Investment Bank more focused, that means we will ultimately have less in highly paid people within the organization he read that is in line with the strategy. Cuts we heard that you are looking to hire. How far are you through this process . Are you only looking high within certain divisions . Absolutely. It is about focusing on the areas where we have the ability to grow. We have to reshape and refocus to do that. It is part of the evolutionary process. That allows us to invest back in our franchises. Africa is an exciting growth upward unity.

News9 Plus ropes in Nikhil Mathur as Head-Marketing

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