vodafone saying they had agreed to sell their business. simplification of that telecom business is the drive. and credit suisse down 1% on news they have announced a new cfo who will be taking over in the next couple of months as part of the reshuffling of the troubled lender. francine: today's big take -- staff at credit suisse expecting big cuts. we spoke to david haro who has 10% of credit suisse. we spoke on friday. >> the last 10 years have been bad very bad for the bank. you look at the situation today. trades at less then a third of book value but it still has a robust private wealth business. all they have to do is prevent the investment bank from losing money and get it back to some sort of growth. francine: from zurich, joining us now is miriam. how big of a shakeup of the investment bank are we expecting? >> it could be as drastic as two thirds of the investment bank being torched. that is the extreme scenario mentioned to us. the bank has announced they also want to restructure their -- business that is doing well. but there ar

mac, i'm bonnie's reliance geo, when the lion's share of 5 g spectrum followed by barsha patel and vodafone altogether, the auction generated some 19000000000 euros for india's telecoms regulators. the company's expect the roll out to begin later this year with a focus on 13 major cities at the beginning, including deli, mom, buy on, cannot engine i. and those are among india's most populous areas. i recently, or i spoke earlier with our delhi correspondence and asked him what 5 g would mean to the average indian. here's what he said. well, i think steven the biggest take away for the average and in consumer is better speeds that has been promised that 5, you will have 10 times foster download speeds, then. uh for g. this is likely to improve a video streaming experience is likely to really ample the gaming experience. that is something that gamers are really excited about. and in general, just give better connectivity in even in areas where there was no which, which used to experience call drops. and data drops so far. so up, that's the biggest take away. there's just a handful of telecoms

. >>> in the teleco space, vodafone will sell stake in the hungary business for $1.7 billion. it is expected to be sealed by the end of the year. vodafone says this is a move by the hungary government to build a state owned leader in the telecommunications industry. >>> we are up for a break. before we go, a quick on the dollar which fell below parity u.s. futures in decline ahead of the jackson hole summit. we'll be right back after this break. these folks don't have time to go to the post office they use stamps.com all the services of the post office only cheaper get a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again. ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme. >>> welcome back to "street signs. let's get another check on euro/dollar. we crossed back below the parity level this morning comments from the ecb bund bank president getting a ton of attention. he said earlier this morning the ecb must keep hiking rates an

. >> portuguese music here on vodafone fm.uring bronco. >> dino's music is very important. it touches the wounds. he brings a strong message, a hopeful message, he educates and informs people with his songs. >> describe your sound in your music. >> i went to came for -- i went to cape verdean, to explore the rhythms. i take the rhythms i found around the clubs in europe and america. we have six countries that speak portuguese, but they have rhythms, wow. i explore, and put my print and energy on it. >> over the past few years, lisbon has seen a vibrant explosion in its afro portuguese music scene, influenced by angola and cape verdean beats, this music is showcased at clubs like music box. >> african music and african influence music has not been valued because portugal is a racist country. i think values are changing step-by-step. and you see more african influence, being made and being at the top of music charts, or playing on the biggest radios. >> for the past decade, music box has hosted a legendary monkey night. a -- com

were great trades, ge to this day, 72%, citigroup down 89%, bp down 46%, bank of america down 27%, vodafoneinvesting. charles: you lost your shirt and 17 years later you can't get those years back. microsoft you know very well up 986%. stuart: was i gambling? charles: if you bought at the peak in 2,000 and didn't get back there until 2014, 14 years to breakeven. over that timeframe 140 for million americans died so my point, where is the guarantee in anything, everything is a risk, some are riskier than others but the notion that everyone who does this is losing money, the notion that there is a guaranteed way to invest in the stock market is lost. stuart: i will leave it right there because you might have gotten the better of me. charles: take a little work. stuart: well -- charles: we cherry pick, you bought tuesday and it is wednesday. who is to say 10 years from now we may say people who bought it at 23 didn't make money or two years from now. stuart: okay -- charles: you can't assess investing with simply long-term on a day-to-day basis and say this investment is a loser. we when it ge