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Transcripts For CNBC Worldwide Exchange 20140708

The ceo of the unit steps down. Samsung flags up a sharp drop in profits for q2 as consumers in china and europe hang up the hand set. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome to worldwide exchange. U. S. Regulators look to be turning their sights on germany on a crackdown on some of europes biggest banks. They have begun settlement discussions with commerzbank. The bank could be facing a fine around 500 million as part of the settlement. I believe in their latest financial accounts, theyve provisioned around 930 Million Euros for this. Given what weve seen from bmp, what does this turn out to be the size of the fine . Moving on, air france has cut its guidance. The profits this year could be 12 lower than expected, mainly as a result of overcapacity. Shares are trading lower, bringing down other Airline Stocks in sympathy. Weve got aig down just shy of 3. 75 . Ez jet lower by 2. 5 , too. I guess we shouldnt be surpri

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