anna: thank you very much bob parker. and tim from our website.fore we get into the next break, let's hear a little more from what we heard from hugh. we talked a lot about greece and the wider world. he is really positive about china. he talks about china like it was europe in 2012. take a listen. hugh: it had a debt problem. europe had in peripheral companies. china had it in his local administrations. and it was a textbook response. banks can do alchemy. they can take a bad paper and use it as collateral, and you get free money to put back into the economy. china can do that. china is a profound the beneficiary for the end of the boom market in commodities. who stands to benefit more from what we have seen in the declines of chinese currency? it is the safe harbor that reflects all of us. chinese currency is reflecting the terms of trade. it has improved dramatically. all of these facts give you the ingredient for a longer-term boom market in china. the mystery is why is it so distrusted by the investment community, the investment community ove

jonathan: bob parker, thank you for joining us.tll to come on the program, is the story of the week in social media stocks. earnings beat expectations but the stock is falling. why investors didn't connect with linkedin's results. we will do that after the break. ♪ jonathan: welcome back to bloomberg tv. this is "on the move." a huge week over the last five days of bank earnings in europe. let's give you the forecast. bnp reported today it was a beat. a beat for ubs. a beat for rbs. a miss for deutsche bank. let's head b.n.p. paribas open. caroline connan has been speaking to the cfo about the lender's restructuring program. take a listen. a as you've said, we had strong result in q2 and q1. that basically demonstrates that our franchise is fairly strong. it is also a validation of our concept. moreover, it is also showing the efficiency of what we've done in the past. we adapted very swiftly as of 2012. we basically see in those results that this is working well. as you mentioned, we see that there is still some uncertainty on the