bob diamond next.so glad you're ok, sgt. houston. this is sam with usaa. do you see the tow truck? yes, thank you, that was fast. sgt. houston never expected this to happen. or that her grandpa's dog tags would be left behind. but that one call got her a tow and rental... ...paid her claim... ...and we even pulled a few strings. making it easy to make things right: that's what we're made for. usaa. what you're made of, we're made for. get a quote today. that building you're trying to buy, usaa. what you're made of, we're made for. - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! my name is douglas. i'm a writer/director and i'm still working. in the kind of work that

talking about their deal to take circle public in bob diamond's spac.us. hooh. that spin class was brutal. well you can try using the buick's massaging seat. oohh yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. pick something we all like. ok. hold on. what's your buick's wi-fi password? “buickenvision2021.” oh, you should pick something stronger. that's really predictable. that's a really tight spot. don't worry. i used to hate parallel parking. [all together] me too. - hey. - you really outdid yourself. yes, we did. the all-new buick envision. an suv built around you... all of you. maria: welcome back. cryptocurrency goes mainstream, one of the largest names in the space, circle, is going public via a spac after merging with concord acquisition corporation which is sponsored by atlas merchant capital. the deal values circle at $4.5 billion and circle's ceo jeremy allaire and atlas merchant capital ceo bob diamond join me now. thank you for joining us. we appreciate it. let me just say, congratulations, this is big

joining us now is bob diamond, as well as sonali basak. thanks for bringing this about.while ago we stepped out at the start of the journey. talk to us about why you want to go public right now. >> we have seen incredible growth in the products and services we built around it last year when we grew from 400 million in circulation to 4 billion in circulation and since january 1 it has grown to $26 billion in circulation with incredible growth. as we thought about the opportunity, we thought about the growing role of dollar digital currencies in the future of payment systems and financial market infrastructures and saw anna norma's opportunity to both raise capital and more importantly build a significant public company with transparency and visibility to the enterprises and financial institutions building on top of us. >> bob, you know a lot of your peers don't believe in digital currencies. so, what do you believe? clearly, you do, right? given that you are buying this asset through a tech deal of your own. you spent so much time on this at a private equity firm. what mi

joining us for more, bob diamond , atlas merchant capital founder and ceo, and former barclays ceo.d you read into the numbers we got today from j.p. morgan? what did you read into the numbers we got from goldman sachs? what did they have to say that caught your ear? david: a couple of things -- bob: a couple of things jump out. there was one big bounce back from the second quarter of last year, which was probably the low , and very high credit provisioning at the time that got written back. but i think even with a little bit of a down quarter relative to what we have been seeing in some small misses, we still see the outperformance of u.s. banks versus european banks, and a lot of that has been in the investment banking business. we saw posts the 2008 crisis a pullback from the u.k. with barclays and other institutions pulling back, more concerned about the investment bank relative to the legacy in commercial bank. we saw it in germany with deutsche bank. we really thought across europe. i think this is really paying off for the u.s. banks yet there could be somewhat of a shift in

how can i to 10, nick and then my bob and diamond, i'm sick, i got all the hot out and then didn't shut it today. miss gyla and home in home. it's been to them like in the oil in the back home in a new shop when i was home and you can look at them show out in the, in the best in the hoping for them. and i got them even in the, in the fall, been immune a sho, get them back. i i oh oh, the shop ah, ah, ah, ah, ah, ah, the father danny against the valet and the about access any can he be that i see in the middle high school, if moderate to be in your can see of a little bit it was awful of the need for the full of the station and hospital behind me, still my head to my head bill has been his name was i had a scarlet analysis to cut the lucius the mar them. how did that matthew? matthew should have been messing on. shit, hold on, my sure old number, the, the financial a fault any. and i should be alarm with the call into my shop window. how to i was very difficult today's, you know, when we had the face not the from the gulf views. and when we start spinning, we stop for maybe another or 2