profits in the five point three trillion dollar a day foreign exchange market torture bank citigroup barclays and u.b.s. control more than half of all for extruding and at least a dozen banks have been contacted by the authorities and at least twelve currency traders have been suspended or put on leave now the royal bank of scotland and lloyds banking group have announced their own internal review into the matter. and finally bitcoin a.t.m.'s are coming to the big apple thirty year old brooklyn native willard ling is set to introduce the first big client a.t.m. in to new york city and after scouring locations linda has decided to rent has been going a.t.m. so the owners of a bubble tea shop on third out and twelfth street in the east village however state regulators with the department of financial services are expected to hold hearings later this month to discuss big going and until rules are drawn up as to how they should be regulated wings a.t.m. will sit in his apartment a well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. after the

profits in the five point three trillion dollar a day foreign exchange market torture bank citigroup barclays and u.b.s. control more than half of all four extruding and at least a dozen banks have been contacted by the authorities and at least twelve currency traders have been suspended or put on leave now the royal bank of scotland and lloyds banking group have announced their own internal review into the matter. and finally bitcoin a.t.m.'s are coming to the big apple thirty year old brooklyn native willard ling is set to introduce the first big client a.t.m. in to new york city and after scouring locations linda has decided to rent has been coined a.t.m. so the owners of a bubble tea shop on third out and twelfth street in the east village however state regulators with the department of financial services are expected to hold hearings later this month to discuss big going and until rules are drawn up as to how they should be regulated wings a.t.m. will sit in his apartment a well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. after th

bond-- tied to the finanical meltdown.the wall street journal says banks under scrutiny are barclays, citigroup deutesche bank, goldman sachs, jp morgan chase, morgan stanley, royal bank of scotland and ubs. official answers regarding boeing's 7-8-7 dreamliner troubles are due in march.details of last january's battery fire aboard a japan airlines dreamliner will be made available at the end of march.the national transportation safety board will also release its review of last year's boston dreamliner fire, this fall. fewer feet marched into stores for holiday shopping this year.according to shopper trak... foot traffic at malls and stores was down 14% compared to last year. however, shoppers spent more money this year... overall sales were up 2.7% in november and december. the survey also finds that black friday was the strongest sales day of the season as consumers turned out in droves for rock bottom deals. for jcpenney -- the devil is in the lack of details. shares of the retailer fell 10% yesterday after a brief review of holiday sales numbers was not enough to "cheer" investors. j-c-p say

order to buy or sell the investment now subpoenas have been sent to several firms including barclays citigroup deutsche bank goldman j.p. morgan r.b.s. u.b.s. and morgan stanley all the big boys now the investigation is still in the early stage and may not lead to any type of prosecution. elsewhere thanks to a boom in u.s. oil production america's trade deficit is the lowest it's been in four years from october to november of twenty thirteen the u.s. monthly trade gap decreased by five billion dollars reading some economists to increase fourth quarter growth estimates in the u.s. now thanks to rising production and shale oil the energy information administration predicts that u.s. oil output for twenty fifteen could approach record highs of nine point six million barrels per day numbers not seen since the one nine hundred seventy s. now america's growing energy industry has increased appeals to the obama administration to relax controls on the export of crude oil obama has already given the go ahead on some exports of liquefied natural gas however he still has strict controls in place on crude

order to buy or sell the investment now subpoenas have been sent to several firms including barclays citigroup deutsche bank goldman j.p. morgan r.b.s. u.b.s. and morgan stanley all the big boys now the investigation is still in the early stage and may not lead to any type of prosecution. elsewhere thanks to a boom in u.s. oil production america's trade deficit is the lowest it's been in four years from october to november of twenty thirteen the u.s. monthly trade gap decreased by five billion dollars reading some economists to increase fourth quarter growth estimates in the u.s. now thanks to rising production and shale oil the energy information administration predicts that u.s. oil output for twenty fifteen could approach record highs of nine point six million barrels per day numbers not seen since the one nine hundred seventy s. now america's growing energy industry has increased appeals to the obama administration to relax controls on the export of crude oil obama has already given the go ahead on some exports of liquefied natural gas however he still has strict controls in place on crude

barclay's, the deutsche, goldman sachs, ubs and rbs. the program is still in the early stages and may not lead to any enforcement action. >>> citigroup is considering selling its stake in a private equity fund. this is to comply with the volcker rule. city sold 8el.5 billion in private equity holdings last year. >>> alan mulally says he's not going to microsoft and will stay at the automaker through at least this year. mulally has told the associated press that he wants to end all speculation because i have no other plan to do anything other than serve ford. the microsoft board had hoped to have a new ceo by the end of the last year. they've narrowed down their list to a handful of candidates. fords shares are pretty flat in frankfurt. >>> now, apple says its custo r customers spent a record $0 billion on an apps store last year and that roughly equals all the purchases in the previous four years combined. the company says it has now passed on $15 billion in total to developers following the creation of the apps store in 0 2008. so we want to know, what's the app that you can't live without? did you pay or was it free? let us know. join

citigroup,i morgan stanley higher in its weight. and the conference call with analysts has just finished. fresh from that jason goldberg managing director and senior equity analyst at barclaysl iq. welcome to the program. eric, let me kick off from you. what did you get on the conference call that's notable for viewers now? >> well, we think the outlook is very strong for bank of america. we think that they could grow revenues at 4% this year about twice that appears. and we're looking past the fourth quarter, which had many moving parts to it. i mean, the fourth quarter a lot of it was driven by reserve releases. we think 13 cents of the 29 cents that they earned just came from reserve releases. and we saw some negatives in terms of higher representation and warranty claims for legacy mortgages. but some of the positives were that the net interest margin increased 13 basis points which is very, very strong, and could bode well for 2014. >> yeah. and investment banking and the trading business, capital markets business, was also a standout, jason. we should note, of course, that you've had this stunning share price performance from bank of america over the last six months.