our clays a lot of your clients are -- affect barclays? clients are taking advantage of it. is that too difficult to model at the moment? jes: everyone benefits from economic growth. a recession would be challenging an all of the markets and out and out trade war would clearly be disruptive for economic growth and we hope it doesn't come for that. francine: what is the latest on the investigation? jes: no comment from that. francine: what will we hear from the bank in the next few months? what is the message to the market today? if i am an activist shareholder looking at bloomberg surveillance, what is your message? them this is the first year in over five years where we start with a clean operator model. we have the bank we want for the first time in many years. i think the message beginning with our first quarter will be, what is the earnings capability of this bank now that it doesn't have a non-core to deal with, doesn't have assets it doesn't want to have, has its balance sheet in the right place and is now firmly capitalized. what do

n: most banks stood in line but barclays took a contrarian bet.ecided they would say us to court because we don't think we should be paying more money than this and it is -- it has paid off. we reported they wanted to cap the penalty and that is exactly what happened. this goes in the good newsletter, doesn't it? stephen: it is good news for barclays. this is a victory for the bank strategy and its legal team. we have a different president now, different people at the department of justice and there has been speculation that they are sort of less into getting eye-catching settlements from foreign banks than they were in previous administrations. vonnie: the investigation was targeting 36 deals involving $31 billion worth of loans and half of those roughly defaulted and that is why the doj was investigating in the first place. come?ere more fines to stephen: there are. royal bank of scotland still has to settle and indications are that will be much larger, $6 billion or more. this is cleaning up the last ones but certainly for barclays, this does m

a weekrs bracing for .acked with risk events barclays in the crosshairs.ard branson taking a 5.2% to have a say in the bank's turnaround plan. the supplyto disrupt chain. the company said to be developing a new type of display that would produce itself instead of using some sunscreen. european equities, stocks are sinking. a big week for risk events. the ftse down by 1.2%. a reverse of what's happening to sterling. international centric companies. crawl 200 day moving average falling below the 50 day moving average falling below the 200 day moving average. the stocks it's hundred we cross.ed a death currencies rising against the dollar today. sovereign bonds, commodities and cbs's. the dollar rising for a sixth day against the ruble. the longest stretch since october last year. tension with western countries on the back of the election victory. putin sweeping in the presidential elections looking to rule for another six years. election results our markets and ruble neutral as current policy and stability is guaranteed. so says danske bank. geopolitical sta

group, barclays trading up 3.7%.l, some of these betting companies, also the property companies. land securities trading up by one .5%. let's talk about the downside of the market. i want to focus on what happening with micro focus. a significant change. what's going on inside the business and investors want a little bit of clarity. down by 43 point 91%. lost nearly half of its value in a last 31 minutes. henkel has a supply issue in the u.s.. here's a first world news update. u.k. government will consider whether further action against moscowafter accusing stockpiling the nerve agent used to poison a former spy in britain. boris johnson will brief is european counterpart in brussels today about suggesting a russian suggestion that a british love tori -- british laboratory might source of the substance. saudi arabia's prints and one of the most rich men in the world is caught up in the corruption, -- crackdown in his moving forward after his release. he men exclusive interview with bloomberg. >> i am for anticorrupti

penn stae's barclay is about to be an abute beast.best running back to come out of the draft since adrian peterson. i said it even better than ezequiel elliot he's that good and today barclay showed off the speed. he ran a 4.40, 40-yard dash for perspective seek ran a 4.47 at this combine. and he can run around you. he can run through you. he can jump over you. he can just flat out out run you if he wants. that 40 time complete add ridiculous combine for barclay. 4.40 again. bench pressed 225. 29 times. so he's stronger than any linebacker in the league and his vertical leap was a 41-inch berth. that's vince carter hop right there. after these numbers there's no doubt he doesn't get out of the top five in the nfl draft. now when horsing around goes a little bit wrong. steph curry is a star on the court we know this but he's unbelievable golfer. i've seen him golf in person. if he didn't play basketball, he'd be on the pga tour. he's that good. but he had a couple issues this week while staying at a hotel he was practicing his swing. a

they office for the executives at barclays bank. they decided they we re barclays bank.s is now fair and proportionate and this is roughly half what they we re and this is roughly half what they were looking at originally. the share price has gone up, it will still cost them a lot of money, but investors will be very relieved that it has come in at a lot less than before, and this is the first settle m e nt before, and this is the first settlement we have had under the new trump administration, and there was a feeling that the european banks we re a feeling that the european banks were treated more harshly than the american banks but it looks as if there has been a slight change with there has been a slight change with the new administration with donald trump. and they are pretty happy about where they have got to today. it could have been worse, but many people looking at that financial crisis and the difficulties since, they will say, this was down to the bankers, and now we are supposed to be relieved they are not getting fines as heavily as they might. that is true,

barclays has managed to negotiate a lower phone with us department ofjustice.sh bankers agree to pay about $2 billion to settle claims it was sold in the lead up to the financial crisis. us authorities claim ba rclays crisis. us authorities claim barclays caused millions of dollars in losses to investors. under armour has been hit by a cyber attack. it has been hit by a cyber attack. it has had around 150 million accounts linked to its mobile app, that was hacked earlier this year. the company said an unauthorised party stole data from the accounts, but it has taken steps to alert users very soon after finding out about the breach. it is a long weekend for many people looking to celebrate the easter weekend, but if you have a ticket to fly on air france you might want to doublecheck that booking. more than a quarter of their flights booking. more than a quarter of theirflights on booking. more than a quarter of their flights on good friday, today, had been cancelled by another strike. this is due to a long—running dispute over pay. strike. this is due to a long

fascinating story developing over at barclays. this is one we will be watching closely.ned 5.2%. they will continue to engage with cherbourg as they take 5.16% as capital. edward j bramson, the ceo and principal at sherbourne and company incorporated, described as an activist investor. this is the day after we get the voting in the russian election. a number course seeing coming through. fourth-quarter net income, 1% above the estimate, so not beating by an enormous margin are at fourth quarter net profit, 100 billion rubles against an estimate of just under that, so we get the update from rosneft this morning. matt. matt: in the wake of president trump's tariffs, steve mnuchin atld face a cool reception the g20 meeting. michael mckee reports. michael: there is no question the u.s. is on the spot here. president trump's tariffs are unpopular with other members of the g20. the mnuchin arrive -- steven mnuchin arrived to a chilly reception. of the obtained a copy draft communique, which warms a country turning inward is the biggest threat to global growth. in an exclusive

like it was a great for barclays but when you look barclays islater, not doing great in trading despiterom lehman. bank of america bought merrill lynch harbaugh that required a bailout afterwards in the u.s. government had to give bank of america to bailouts in a few months. is in good shape. they had more capital than other ne intond had not go the risky stuff, even with rockets trailing and it was under pressure it was not playing along with everyone else. and that helped. it was stronger and could weather the crisis and could incorporate them into its network and had a great yield with bearish stearns. vonnie: that was a hard-fought deal was a bit? n't it? --man: during the crisis they were getting together and sunday evening before asian markets open they had done everything. vonnie: we had the reaction before market movement. mark: and coming back to what worked and what didn't, the bank of america and merrill lynch deal didn't work out so well bid did it? a lot ofhere were losses and bank of america paid billions of dollars to buy merrill lynch. it was an industrywide problem at t

waiting to settle this case paid off for barclays, didn't it?most paid what the department of justice asked them. barclays took a contrarian bet -- take us to court, because we don't think we should be paying any more money on this, and it has paid off. in 2016, they wanted to cut the penalty to $2 billion, and it paid off. a rare gamble for a bank paid off. ♪ >> welcome back to "bloomberg best." bloomberg sat down with imf managing director christine lagarde. they met in berlin, where la rgarde gave a lecture on strengthening the european withg director christine union. >> why has european integration been so slow? >> i wouldn't say that. i would say in times of crisis where there is a necessity, they eventually moved very fast. the euro area was clearly incomplete and needed to be strengthened. they put up a firewall. they reinforced the banking system. i think they came to a close accountability, but it is still short of what is needed. they need more trust. they need more accountability. more to the point, they need to strengthen three thing

today starbucks was off a penny to 57.89 barclays initiated coverage of boeing asoverweight with the firm saying itees the company's reference are poised to taexpand. et 388 a share. today it was up 2.5%. >> goldman sachs update exelon citing a better valuation for the energy companylong with not many short-term catalysts that are negative. target was raise to 43. m finished. 39.01 upe than 1%. bank of america downgraded game stop today to underperform from neutral. b of a says that the company's earnings report shows it is facing multiple structural head witis that will ce to hit their bottom line. price target was cut fromdo 19 to 11. today game stop closed at 12.62. that was down 11%. >>> chi w isning the u.s. ot to open what it calls a pandora's box by triggering a chain reaction of protectionist practices around the world. it also warned if trade continue to he is la kate china could slap tariffs on some u. imports. but the tough talk wa't limited to china's side. eunice eun sat downith the u.s. ambassador today in beijing. >> reporter: the u.s aassador maintained the trump admi

okay w penn state barclay does something like he did today we have to take look.he did that might land him in cleveland plus the sixers are shooting up the eastern conference. we love it. joel and ben at it again. we'll take look at the process next in sports. ♪ new tv, new speakers, netflix. this is going to be the place for binge watching, ladies. is it, ladies? don't get me wrong, you have killer tech mrs. d, but you still don't have fios. ok? fios is a 100% fiber-optic network, literally engineered for streaming. good advice. i've also got some ideas on a better cereal selection, which i will keep to myself. experience netflix on the 100% fiber-optic network made for streaming switch to fios and get a year of netflix on us with a two-year agreement. >> your nissan sports wrap on fox 29. >>> now at the beginning of the season i predicted the sixers would be a fifth seed just too much talent in a bad eastern conference got little rocky in the beginning of the season, okay it really did. i was wondering if they would make the playoffs. but they start to get hot,

good morning, officer barclay. >> good morning. how are you today? >> we are good. we know you're going to be busy. can you tell us may be some of the biggest spots. i know we have certain areas. lucky drive and marin county, are there any new areas of concern as well? >> not right now. you mentioned lucky drive. we updated our flood log to give you an idea. earlier, they mentioned that areas of marin, right around we're lucky drive is, have been hit. it's not too surprising. more people get out on the roads . overnight, not a lot of people are out. so we don't get a lot of those cars. as more people get out, we will stay -- start getting more calls. >> what about -- i know another trouble spot, a lot of people depend on that manzanita parking spot. where the buses pick up. back and flood. has that been okay? or is it pretty bad out there? >> so far so good from what we've seen. it's a very low level right next to the bay. a lot of times, if we can get the times well where we have a low tide and rain, we end up being okay. it's when we get those high tides, then a l

barclays chairs on the rise. more that next. you can tune on the radio.o our colleagues, john keane -- tom keene in jon ferro. bloomberg surveillance can be heard in new york, boston, bay area, watch wash and all across the united states on sirius xm radio. live from new york, this is bloomberg. ♪ alix: this is bloomberg daybreak . i'm kailey leinz and this is the hewlett-packard enterprise. coming up, oecd secretary-general. ♪ now to your bloomberg business flash. apple is looking to replace the samsung screens it uses on phones. according to people familiar, the company is designing and producing its device for the first time. they are being built at a secret facility in california and maybe several years before consumers see the results. -- he owns about 7% of the company share. the maker of rubbermaid storage containers will speed up a transmission program and add for independent directors to its court. and the retail apocalypse in the victim, claimed another claire's filed for bankruptcy today. the chain has agreed to a debt restructuring plan. clair

barclays agrees to pay $2 billion in civil penalties to settle a u.s.nvestigation into its marketing of residential mortgage-backed security. a look at what is happening to european equities. the final trading day before the easter break. stocks heading for the first weekly rise in three. the worst stretch since august of last year. quarter of 2016, 2 years ago, the other markets are up. let's talk about the stoxx 600. track to post a loss of roughly 5%. gained or lost more times with signs of a rollover in number of economic indicators. coaster ride for european equities might just be beginning. let's talk about the u.k. economy. gdp data today and also consumers remaining under pressure as 2017 came to an end. disposable income rose just -- rose just .1%. --seholds saved and no more saved no more of their incomes. all, .4%,rowth over unrevised. the current account deficit narrowing to 3.6% of gdp. sterling, 12out months after article 50 was triggered, 12 month until the u.k. leaves the eu. a short position on sterling because the u.k. actually hasn't

. >> 5.2% of voting rights in barclays. why now?real crossroads once again, can it create an investment bank which is capable of creating -- ?ompeting with wall street this is what is prompting the investment from the access today. >> the fact that they went up to 5.2% seems to get a clear message to the market for the media at they want something changed. do you know what that is? >> i wouldn't say that. branson has been said that. we look forward to hearing his thoughts. any major organism that has a interested iny what the bank is doing, we will have to see what our shareholders think about it. we look forward to articulating our vision and seeing what shareholders have to say. ♪ >> it was another blowout from chinese tech company tencent. this time it came with a warning. that is not the whole story is it? >> no. it is not. it is the same story as mobile gaming and pc gaming revenue and profit. the problem is on the revenue and costs are starting to soar. they are paying for a lot of content. whether it is videos or music, and t

tom: christian keller with barclays.witch in the coming months -- excuse me jordan, i'm sorry. we going to switch in the coming months to a discussion on trade in dollar dynamics? bring up this chart if you would. this is the trade exports of the united states. i'm sorry, jordan. .hat is a stunning freefall is that the story for july 4? is that the story for labor day in america? guest: it is already the story. today we got trump looking and suggesting to go in on those steel tariffs. the irony is this trade balance deterioration, since trump won the election, has got worse. the u.s. doesn't really employee steel from china in the first place. those measures alone will be enough. when you have the tax plan and spending plan to increase u.s. consumption, it is going to get worse because the consumer in the u.s. are going to continue to buy foreign products. tom: it is not intuitive. why is it a bad thing that morecans get a tax cut, by bmw's or whatever. is that good for jay carney -- for germany, for the united states in

boss of barclays think they're going to put up a lot of. minerals listen. what's up for. them because marco didn't have to put in a plug this guitar that could fulfill all markets that are more people more skins getting more long it's got a lot. of breakdown in these conditions could mean death. without heating the interior windscreen is soon covered with ice and do show combat see the road which is edged by a precipice. the temperature is now minus thirty seven degrees. c. . desperate measures are called for and an old blowtorch serves as a de icing device on almost. fifty. one of those what are your. thapar off. the. fire against ice. within a few kilometers the ice is back. freezing and tired the three finally seek shelter. for their family. so they're. going to cook but. there's a period of war not on do that. at a loss do shot has little choice but to move all. her ear. skirt. the abyss and with the frequent use of the blowtorch the men finally reach an isolated farmhouse. and. the welcome is glacial. inside it's about ten degrees. next morning cohen makes do with a

whatever direction profited them and now this congress is offering to help lucinda oversight on barclays. last year, the fed caught the same game. $146 billion in assets and they could be cut loose by this bill and now congress is offering to help loosen oversight on pmb. finally, there are the banks that caught violating sanctions. the bank of tokyo has $165 billion in assets that can be covered by this bill. in 2013, the bank of tokyo mitsubishi settled with the new york department of financial services for $250 million over charges that had cleared tens of thousands of transactions. they estimated that the bank wired moreo than $100 billion to countries that were under u.s. sanctions including iran, sudan and burma. the bank specifically tried to evade sanctions by telling employees to leave destination information out of the money going to those countries so they could fool the regulators and now this congress is offering to help lucinda oversight on the bank of tokyo mitsubishi. let's pause on this one. washington thinks this bank needsve less oversight a year after it got caught fu

lender barclays the six largest global investment bank in the world the new signifies the first major relationship between a large investment bank and a crypto currency exchange banks have been reluctant to exchange in crypto currencies or the exchanges themselves on which they trade due to myriad factors including but not limited to concerns about money laundering on unregulated platforms with unregulated currencies. and now we turn to investing and focus on millennial are they different and are investment advisors doing what needs to be done for millennia lots of questions and we have just the person to answer all of our queries april ruden the founder and c.e.o. of the routing group april thank you so much for being here before we get into it let me ask you just a quick if you have a quick take on the news that larry kudlow will be taking gary cohen's job and the white house as director of the national economic council any reaction. well thanks for having me bart first of all second of all i would say that because i was an early supporter of trial so there may be no surprise there.

investor edward branson -- inquired a 5.2% barclays investment.wn for targeting a number of british money-management firms. -- i made an offer of $7.2 billion. that is about 8% more than the deal they agree to accept from general dynamics last month. they provide cybersecurity and data analytics. that is your bloomberg business flash. guy: president is taking aim at special counsel robert mueller. he made his most direct attack yet on the justice department ticky investigation into russian meddling in the 2016 election. the president used mueller's name for the first time in a tweet and criticized his staff. 's personal lawyer says the investigation should now be shut down. joining us for more is kevin cirilli, our chief washington correspondent. decode this for us. tell us what we should read into this tweet. what it says is that the trump administration is now willing to go full force against bob mueller and this rush of rope. probe --is rush of this russia probe. they feel that this investigation has gone on way too long and that it has expande

. >> activist investor edward bramson's acquiring 5.2% of voting rights in barclays.rs. why now? >> well, barclays fines itself at a real crossroads once again ♪ mark: welcome back to bloomberg best. i am mark barton. this week, in his first interview from being released from detention, after a crackdown on alleged corruption in the kingdom, saudi arabia's prince spoke exclusively to bloomberg. the billionaire chairman of kingdom holdings is now in the hunt for new deals. he told erik schatzker about some of the plans his business is working on. ♪ >> the kingdom now is raising between $1 billion to $2 billion of debt. we do have some cash in holding, but we are now looking for the second piece. last year we did a few big deals. this year, 2018, although the market right now is, i will not say overvalued, but prices are not where we wish them to be. we would like to get some firepower ready for us. i think we are on the verge of getting the one billion to two billion financing facilities. >> so you are thinking about a deal of what size? >> we are willing to do any dea

barclays has agreed to pay $2 billion to settle a lawsuit brought by the us government over the saleties. the us alleged that the bank had misled investors about the quality of loans backing the securities in the runup to the financial crisis. and apple has updated its i0s, macos and tv0s operating systems to give people more information about how their personal data is collected and used. the change comes ahead of new eu data protection rules, which take effect on 23 may. apple also plans to let people download the data it has stored about them. and let's have a look now at what's trending in the business news this morning. from quartz, nine out of ten analysts think that facebook stock is still worth buying. that's despite the fact it's lost well over $90 billion in market value over the past week or so. as for the wall streetjournal. tesla recalls 123,000 model s cars over that bolt issue. it says the carmaker discovered that certain corroding bolts in cold weather climates could lead to power—steering failure. as for bloomberg, they focus on the sportswear company under armour sa

it says the median gender pay gap for its uk banking operations is 29% — more than double that of barclaysn it comes to bonus payments the gap rises to 61%. shares of snapchat owner snap have fallen sharply after singer rihanna urged her fans to delete the app. she spoke out after snapchat carried an advertisement which joked about her beating by former boyfriend chris brown — who was convicted of the assault in 2009. snapchat later took the ad down saying it was "disgusting and never should have appeared on our service." let's leave you now with the markets. it has been a shaky week across the board. thank you for watching. egypt is sending a delegation of mps to the uk, to monitor investigations into the death of a female student in nottingham. mariam moustafa died three weeks after being attacked by a group of young women outside a shopping centre. jeremy ball reports. a teenager whose future looked so bright, whose family is now in morning. they'd brought her to britain for an education but she is gone. she was amazing. i feel like i have lost my other half. she was so kind. she will w

waiting to settle this case paid off her barclays, didn't it? banks pay whatever the department of justice asked. barclays was really contrarian and decided to take us to court because we don't think we should pay any more money than this and it paid off. the reported in october 2016, they wanted to cap the penalty at $2 billion. a rare gamble for a bank paid off. ♪ ♪ bigail: "bloomberg best." they met in berlin where lagarde spoke about strengthening the european union. why has european integration been so slow? >> i would not say that. in times of crisis when it was necessity they eventually moved very fast. the europe area was incomplete and needed to be strengthened. they put up a firewall. they reinforced the banking system. i think they came to close accountability, but it is still sort of what is needed. they need more trust, more accountability. i think most of the point is they need to strengthen three things. one is the capital markets. two is the banking union. three is essential capacity that will signal to the rest of the world that

. >>> in our money watch this morning, barclays settled a lawsuit.he mega millions inches closer to the billion-dollar mark and more flights are nearly on time. kenneth craig reports from new york. >> reporter: u.s. markets are closed today because of good friday. yesterday, the dow closed up 254 points. the nasdaq gained 114. >>> barclays has agreed to shell out $2 billion in fines to the u.s. government. that settlement follows a lawsuit alleging it was involved in a fraudulent scheme to sell residential mortgage-backed security. >>> some promising news for flyers. u.s. airlines have shown a little improvement in keeping flights on time. the transportation department announced 79.6% of flights arrived nearly on schedule in january. that's up from 76% last year. >>> and for the fourth time in history, the mega millions jackpot has surpassed the half billion-dollar mark. it's now up to an estimated 502 million. the next drawing is friday night. that's your moneywatch. for more, go to cbsmoneywatch.com. in new york, i'm kenneth craig. >>> tesla can't

barclay going second overall to the draft. >> i don't care if i'm drafted once, five, last pick, i'm coming in with my head low ready to work. every team that drafts me gets the same guy, a competitor, i'm a rooky, but i'll try to be a leader and continue to work. >> great talent and great kid. >> he should have won the heisman. >> fundraiser at the boat show raised money for families in need. speciaguests enjoyed find food s and give aways. the fundraiser provides groceries for those that depend on the school lunch program through the year. >> friends and family filled auditorium for the production of "the sound of music." the show runs until saturday. "jimmy kimmel live" next. for cecily tynan, ducis rodgers and the entire "action news" team i'm jim gardner. goodnight. ♪ ♪ >>> tv's number one viral video show, right this minute. it's a rescue through astroturf and pipe. >> the dog is 366 feet inside of that. >> what it takes to pull off the mission shawshank style. >> grandpa is headed for vacation. >> all by himself until. >> the moment he finds out he has company. >> it's the kid

so waiting to settle this case paid off of barclays, didn't it? >> that's right.nks pay whatever the department of justice asked. barclays took a really vet decided to take us to court because we don't think we should pay any more money than this and it paid off. we reported in october 2016, that they wanted to cap the penalty a $2 billion. and that is exactly what has happened. so, a rare gamble for a bank paid off. ♪ ♪ abigail: welcome back to "bloomberg best." i'm on. francine lacqua down exclusively with imf managing director christine lagarde trading met in berlin were lagarde gave a lecture on strengthening the european union. she said the euro area integration is still short of what is needed. why has european integration been so slow? lagarde: i would not say that. in terms of crisis, when it was necessity, they moved fast. the euro area was clearly incomplete and needed to be strengthened and put up firewalls. they reinforced the banking close, and they came to accountability, but it fell short of what was needed. they need more trust, or accountability,

libor, and they kind of fell flat until the middle of 2012 when one of the world's biggest banks, barclays -- which is based in london -- announced it had reached an agreement with u.s. and british prosecutors in which it admitted trying to manipulate libor. and they paid a very big penalty. but the more interesting thing was that the ceo of that bank had to fall on his sword and resign. and this was one of the first times since the financial crisis that we'd seen an example of an actual human being being held accountable for misconduct at his institution. and the guy in question was a pretty colorful character. he was an american, bob diamond was his name, a brash, quintessential american banker in london. and i don't know if you guys know london or the u.k. very well, but, you know, those types of people don't generally go over very well there. the british don't like the brash american bankers very much. and so bob diamond's resignation was a cause for celebration in the u.k., and it was finally the thing that got on the front pages of the american newspapers, including "the wall street

. >> activist investor edward bramson's acquiring 5.2% of voting rights in barclays.why now? itself, barclays fines at a real crossroads once again and a decision about investment banking. can create an investment banking global of competing with wall street, or will it have to shrink like it's european peers. this is what is prompting the investment from the access today. >> the fact that they want up to 5.2% seems to be giving a clear message to the market for the media at they want something changed. do you know what that is? >> i wouldn't say that. and branson has not said that. we look forward to hearing what his thoughts are. but i think in a major shareholder, whether it is capital or tiger who has a position in the size, position keenly interested in what the bank is doing, we will have to see what our shareholders think about it. we look forward to articulating our vision and seeing what shareholders have to say. ♪ >> it was another blowout from chinese tech company tencent. this time, it also came with a warning. the profit nearly doubled, but that is not th

barclay going second overall to the draft. >> i don't care if i'm drafted once, five, last pick, i'ming in with my head low ready to work. every team that drafts me gets the same guy, a

a weekrs bracing for .acked with risk events barclays in the crosshairs.% to have a say in the bank's turnaround plan. the supplyto disrupt chain. the company said to be developing a new type of display that would produce itself instead of using some sunscreen. european equities, stocks are sinking. a big week for risk events. the ftse down by 1.2%.

barclay going second overall to the draft. >> i don't care if i'm drafted once, five, last pick, i'mady to work. every team that drafts me gets the same guy, a competitor, i'm a rooky, but i'll try to be a leader and continue to work. >> great talent and great kid. >> he should have won the heisman. >> fundraiser at the boat show raised money for families in need. speciaguests enjoyed find food s and give aways. the fundraiser provides groceries for those that depend on the school lunch program through the year. >> friends and family filled auditorium for the production of "the sound of music." the show runs until saturday. "jimmy kimmel live" next. for cecily tynan, ducis rodgers and the entire "action news" team i'm jim gardner. goodnight. ♪ ♪ >> dicky: from hollywood it's "jimmy kimmel live!" tonight -- and music from prophets of rage. [ cheers and applause ] ♪ i'm jimmy, i'm the host. thank you for watching. thank you for coming and standing.

such as deutsche bank, ubs, or barclays? not, to powell: it does my knowledge. >> can you elaborate on how those are applied to the largest fbi owes? -- fbo's? chairman powell: it looks at the global consolidated capital. now we have intermediate holding company requirements for these companies and none of them would be affected by this. they are means is that required to keep capital liquidity in the united states commensurate with their activities. they are subject to the living will and things like that. it is a range of enhanced prudential standards, the holding company thing is an extra one that we gave them. >> i thank you. i am frustrated that some jump to conclusions about how or what might happen regarding company for holding companies. to clarify, from your perspective, the creation of the ihs was not included in dodd-frank, correct? chairman powell: that was something that we added, independent of dodd-frank. >> and it does not require any change to the iaac, correct? chairman powell: it does not. >> thank you for

not gut oversight of foreign merchant megabanks operating in the united states, such as bark -- barclays and deutsche bank. these three institutions which have over $150 billion in assets, will be subject to 165 of dodd-frank. that means that foreign banks will still be subject to foreign banks stress test requirements, liquidity stress testing and basel iii requirements. it subjects foreign banks u.s. operations to requirements similar to those imposed on u.s. banks. chairman paul, again, in the march senate banking committee hearing was asked about this, and he said he did not believe that this bill would exempt foreign banks from tough oversight under dodd-frank. additionally, the substitute amendment for this bill has affirmed that large foreign banks do not escape dodd-frank supervision. i think it's really important that we debate the actual merits of this bill and not the bogeyman merits, the statements that this bill will somehow lead to catastrophic downfall of our financial system. as i said, even barney frank disagrees with that evaluation of this bill. it's important that we

in the us political system well you know stuff to part time in south africa was the boycott of barclays bank so when you apply pressure to corporations you can affect great change and this movement generated put together mostly by teenagers and high schoolers to fight back against the n.r.a. have been shrewd in attacking corporations and saying corporations if you support the n.r.a. we are going to put a lot of pressure on you this forces corporations to disclose to shareholders they have a material risk that they must deal with and that has a snowball effect and it can be quite effective now as far as delta airlines it was happening in georgia and these parties are now in a struggle one might call a countable mystic struggle of a bunch of rats in a pit trying to survive ending up becoming basically cannibals because the corporations have run out of runway to use in airlines metaphor in which to grow their businesses without encouraging absolutely horrid policies like giving the n.r.a. a blank check to. exploit the fearfulness of our lawmakers to do battle against what is obviously a sc

. >> we certainly saw that with greg's live shot there but this tree toppled into the treat in barclay's farm in cherry hill. branches have the entire street blocked. we want to thank chris parsons for send ago this in tonight. meteorologist lauren casey's monitoring conditions in the weather center and that wind is just so fierce out there. >> it is still so fierce. we can see that a little bit as we look live at our spring garden camera you can see that snow moving sideways, street lamp lighting that, bobbling around as we are still dealing with these wind gusts upward of 50 miles per hour and that will continue, as we head into the evening hours and we will continue to see this heavy wet snow but it will taper off as we head in the second half of the evening. we will get over to the weather computer, where the scene is looking just as miserable on our roof cam, you can see it shaking around there, reduced visability hard to see sky scrapers where the snow is continuing to fall, temperatures at 33, northwesterly winds at 35 miles an hour. that is just a constant wind not even wind gust

lender barclays the six largest global investment bank in the world the new signifies the first major relationship between a large investment bank and a crypto currency exchange banks have been reluctant to exchange in crypto currencies or the exchanges themselves on which they trade due to myriad factors including but not limited to concerns about money laundering on unregulated platforms with unregulated currencies. and now we turn to investing and focus on millennial are they different and are investment advisors doing what needs to be done for millennia lots of questions and we have just the person to answer all of our queries april ruden the founder and c.e.o. of the ruden group april thank you so much for being here before we get into it let me ask you just a quick if you have a quick take on the news that larry kudlow will be taking gary cohen's job and the white house as director of the national economic council any reaction. well thanks for having me bart first of all second of all i would say that i cut those in an early supporter of trial so there may be no surprise there.

in the us political system well you know stuff to part time in south africa was the boycott of barclaysbank so when you apply pressure to corporations you can affect great change and this movement generated put together mostly by teenagers and high schoolers to fight back against the n.r.a. have been shrewd in attacking corporations and saying corporations if you support the n.r.a. we are going to put a lot of pressure on you this forces corporations to disclose to shareholders they have a material risk that they must deal with and that has a stubble effect and it can be quite effective now as far as delta airlines it was happening in georgia and these parties are now in a struggle one might call a countable mystic struggle of a bunch of rats in a pit trying to survive ending up becoming basically cannibals because the corporations have run out of runway to use the airlines metaphor in which to grow their businesses without encouraging absolutely horrid policies like giving the n.r.a. a blank check to. exploit the fearfulness of our lawmakers to do battle against what is obviously a sco

at barclays, it's 48%. at hsbc, it's 59%. and then there's the airlines.a top flight charmer to win a top airline personality contest. this was the traditional image of women in the skies. and change is proving a slow process. this was the traditional image of women in the skies. change is proving a slow process. the winner was to be presented with a brand—new car. and actor edward woodward, tv's callan, was there to hand over the keys to the lucky girl. we're going to lisbon today. # come fly with me. # let's fly... marnie munns is one of easyjet's female pilots, but there aren't enough like her. easyjet has a high gender pay gap, over 50%, because most of their pilots are men. they're the best paid employees, so there is a big gap across the company between what men and women earn. easyjet is trying to train more marnies. 0ur original female intake was 6%. we then decided to double the figures from six to 12% in two years. we would like to recruit 20% by 2020 and that's what we are aiming for. at the moment, we are on target to do that. but 20% isn't 50%

in the us political system well you know stuff to part time in south africa was the boycott of barclaysbank so when you apply pressure to corporations you can affect great change and this movement generated put together mostly by teenagers and high schoolers to fight back against the n.r.a. have been shrewd in attacking corporations and saying corporations if you support the n.r.a. we are going to put a lot of pressure on you this forces corporations to disclose to shareholders they have a material risk that they must deal with and that has a snowball effect and it can be quite effective now as far as delta airlines it was happening in georgia and these parties are now in a struggle one might call a countable mystic struggle of a bunch of rats in a pit trying to survive ending up becoming basically cannibals because the corporations have run out of runway to use in airlines metaphor in which to grow their businesses without encouraging absolutely horrid policies like giving the n.r.a. a blank check to. exploit the fearfulness of our lawmakers to do battle against what is obviously a sco

buy small to make barclay almost now. and he then let's not call that she i don't need. my lover to tell us one of the other disagreed. with his. father often and to the. side of the nose and they have a ten i mean again thing is it's going to. i want my son to be a little fans and i'm hoping that someone in the boy. saw a lot fun namo for later in the. also how do you feel more suffering. one even that i'm in the middle i'm only the be a mother of the b. and one to the moon fan. in the knuckle one must use the genocide of the bia. yet. look for love as i did that also ninja the theme of those of them ok i'm sort of them was the god that. left and then he said i want to. look at not just a little bit. and we're stuck in libya to we're stuck a little home. we feed off of kitty deal with the most. and they can be up in monza. on. such. a. wonderful. mr to know about being at the. top. did. you know. i. love. you are. you. see this is. the city hall. so. i thought. you might. have thought. i. i don't know. the how the island. will move to another via. south if a joseph hell

lender barclays the six largest global investment bank in the world the new signifies the first major relationship between a large investment bank and a crypto currency exchange banks have been reluctant to exchange in crypto currencies or the exchanges themselves on which they trade due to myriad factors including but not limited to concerns about money laundering on unregulated platforms with unregulated currencies. and now we turn to investing and focus on millennial are they different and are investment advisors doing what needs to be done for millennia lots of questions and we have just the person to answer all of our queries april ruden the founder and c.e.o. of the routing group april thank you so much for being here before we get into it let me ask you just a quick if you have a quick take on the news that larry kudlow will be taking gary cohen's job and the white house as director of the national economic council any reaction. well thanks for having me bart first of all second of all i would say that because i was an early supporter of child so there may be no surprise there.

going to be expensive three hundred billion dollars to cover the united states is an estimate by barclays bank the majority of countries won't be able to afford five g. widening the global digital divide millions of people already don't have reliable access to the internet as a result and locked out of the digital economy jobs market so while this new wave of technology promises a better future it doesn't promise an equal future charlie angela for counting the cost barcelona. now let's take a step back for a second and ask who really benefits from five to one it's closely linked to the survival of the telecoms industry last week got a reported the first year on year decline in smartphone sales for the critical holiday quarter since two thousand and four the industry needs new technology to trigger a new burst of profitability and growth they want consumers like you and me and global businesses to buy equipment and mobile services and here's a word you may also hear a lot about spectrum this is how companies use the airwaves for communications spectrum is actually a a sovereign asset and g