U. S. Clamps down on one of the worlds biggest changes. Matt we are getting some breaking earnings now. Ing group, the dutch financial fourthh coming up with quarter profit of 1. 6 billion euros. Ing misses estimates on profit. If got a cost income ratio of 59. 9. 7 and itratio of 14 is looking at net results in 5 billion euros. That is the net result for the entire year. The fork or profit, 1. 5 6 billion the Fourth Quarter profit, 1. 5 6 billion. A big miss on pretax profit there, so look for ing to trade at the open. The ing cfo is going to be joining us for his first interview of the day in just a few minutes. Anna lets get to some other breaking news this morning. The wealth manager in switzerland, the thirdlargest wealth manager in switzerland is giving details for the past year. Under. Ew money the estimate was a little higher than that at 393. They say net new money is more than 22 billion. They are giving a net profit number of 705 million swiss francs. The new ceo has taken t
Or little. The stakes couldnt be higher and its happening in syria the goal of destroying the Islamic State is largely complete now the syrian proxy war is intriguing a new stage for the players and one of their aims and what does winning. I played for many clubs over the years so i know the game inside i. Football isnt only about what happens on the pitch pull the final school its about the passion from the fans its the age of the superman each kill the narrowness and spending two hundred twenty million on one player. So its an experience like nothing else on to because i want to share what i think what i know about the beautiful game a great one more chimes for that. And thinks its minute. Yes so most losing them is by smelling them. Just music was taken from both of them which is this mission of the new close it. Up a. Little bit some of it is just some awesome trial of. A put down for us to gather some. Serious. Elliston is Getting International recognition with the help of israel
On infrastructure . Is it a different day tomorrow because of what happened tonight . No. And that they bloomberg do a story was morning there are so many problems they have to solve. Taking on infrastructure is just not going to happen in this congress. A really angry Democratic Party sitting on their hands even for policies they agree with will make for a very difficult to know more three weeks. How can they sit on their hands when the streamers are going to get deported by what . March five . Dancere is this little going on, democrats do not want to sign on to trump plus immigration plan, they will not set on 20, and they have to figure out how who is going to get blamed for it. At the human level, i think it is disgraceful. The first thing congress should do is put partisanship aside and not make the dreamer legislation some kind of Immigration Reform. They should take care of these kids that have not done anything wrong. Some people say a narrow bill. You hear both democrats and r
Francine welcome to bloomberg surveillance, and im Francine Lacqua in madrid, where i have been speaking to ana botin. Mark barton is in london. Mark good morning. We have seen a big drop in the last couple days for global stocks. The msci all country world index, the biggest two day drop through yesterday since september 2, 2016. Check out the stoxx 600, up for the first day of three. Strongest months in september. The start of the year, gains for every european benchmark with one notable exception. The ftse 100 heading for a drop in january, weighed down by sterling. The euro is up by 1 3 of 1 , gaining by a second day. Highest on a closing basis. Extent headline inflation to slow. Core inflation to pick up. The german tenyear yield is down five basis points, 60 basis points dropping for a second day after rising to a 28 months high on monday, when it rose to 69 basis points. Ande oil is down to 64an change. The euphoria giving way to some concern that u. S. Stockpiles will rebound a
A syrian film director talks about his films of fathers and sons and return to homes heres a taste of whats to come. Now could i tell you how that. Handgun and my father saw that. This is. If. The nickname was a thing or two if a threatening. More on that coming up a little later in the program but first he used to be the president of georgia then Mikhail Saakashvili joined the Ukrainian Government fell out with the government became a protest leader and now he has been deported to poland unidentified men and Army Uniforms reportedly grabbed him from a restaurant in kiev earlier on monday he was then taken to an airport and put on a plane to poland the country from which he illegally entered ukraine last year his supporters are crying foul saying it is just the latest corrupt action of Petro Poroshenko government who are we to believe our correspondent in kiev weighs in in just a moment first this report. The sudden interruption of the usually calm lunchtime at a georgian restaurant in