Welcome. Youre watching the pulse live from bloombergs European Headquarters. Were here in london. Im guy johnson. Im francine lacqua. It was a beat for barclays. An extra 750 Million Pounds were set aside for the currency probe. Anthony jenkins spokes to us first. This comes back to how do you reshape a beast . Do you cut off the legs . Do you cut off the head . What do you do . Jenkins is trying to put his stamp on this bank. He is dealing with expenses. He is dealing with legacy issues. When it comes to Foreign Exchange, that is a perennial issue. He didnt settle before christmas where he would have got a discount for doing so with a number of regulators. My question is should you gone with the rest of the crowd and taken that hit a little bit earlier. Did he make a mistake . He was quite optimistic though on the overall performance. We are required to provide what we can reasonably estimate at this time. I cant completely say that will be the end of the Foreign Exchange version, th
And im abenomicm anna edws manus cranny has the details. Israel lost the Stanley Fischer may be heading to the fed. Elliott gotkine has more from tel aviv. To settle over sanctions violations and more people will be flying in the next four years. Caroline hyde has the latest numbers from the International Airline transport association. Plus, the russian race to become the next market for online video. Ryan chilcote has more on the content wars. Bringing you some big interviews today on bloomberg television. The ceo of Viacom International media net work joins the pulse. You dont want to miss that at 930 a. M. London time. Pleasantly but here from the International Air transport association chief executive, tony tyler, joining bloomberg at 10 30 a. M. Gone public in the ipo priced at 20 per share 2. 35 billion. What are investors getting . Real estate and a darn good franchise. Thats how you wrap it up. Arehis valuation, they beating starwood which is seen as a much more upscale brand b
Bob Bakish, president and CEO of Paramount, shared his thoughts on the evolution of the content-distribution business and its continued importance to the company in his Media Mastermind keynote at MIPCOM, where he was honored with the Personality of the Year award.
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