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the company placed copresidents daniel pinto and gordon smith in dimone aas recovers. back to you in london. well.we wish jamie dimon bloomberg's annmarie hordern with us there from new york. theng up, we are live from opec plus meeting in vienna as the organization engages in a high-stakes diplomatic gamble. ♪ anna: this is "bloomberg surveillance." a high-stakes diplomatic poker game is happening in vienna between russia and opec. they risk of price crash if it backfires. manus cranny is standing by with a guest. anna on a good day for you. -- anna, good day for you. today that itsk falls apart between opec and opec+? >> i think there is a risk. the russians seem to have no interest in extending this cut to the end of the year or deepening it. we have seen in the last 24 hours that certainly this is a risk. opec put out a strong statement yesterday in a show of unity suggesting a cut at the end of the year. it is very strange for them to do so without an agreement with the russians. manus: was that a pressure tactic? the's the question i asked nigerians, the emirates
the company placed copresidents daniel pinto and gordon smith in dimone aas recovers. back to you in london. well.we wish jamie dimon bloomberg's annmarie hordern with us there from new york. theng up, we are live from opec plus meeting in vienna as the organization engages in a high-stakes diplomatic gamble. ♪ anna: this is "bloomberg surveillance." a high-stakes diplomatic poker game is happening in vienna between russia and opec. they risk of price crash if it backfires. manus...
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gordon smith and daniel pinto wrote, quote -- the good news is it was caught early. the surgery was successful he's a wake, alert and recovering well. today he's phoned in and spoken to certain executives, and is expected to make a full recovery >>> this came on suddenly yesterday morning, clearly could have been much worse it's not the first health care for dimon, who is 63, turning 64 next week. he was diagnosed with throat cancer in 2014 he made a full recovery. even while he underwent eight weeks of chemothamp, he still led the new york-based bank. this time, though, lee raymond said, our board has been fully briefed on the developments, and has asked daniel and gordon to lead the company as jamey recoup rates. thankfully that recuperation appears to be going well share price today, just checking in, is down 6%, of course all the banks are down a bit more than the rest of the group, whether that's a temporary ashes of jamie dimon factor or not, we'll have to see. >> obviously good that he's recovering well, but when you have these health scares, especially with s
gordon smith and daniel pinto wrote, quote -- the good news is it was caught early. the surgery was successful he's a wake, alert and recovering well. today he's phoned in and spoken to certain executives, and is expected to make a full recovery >>> this came on suddenly yesterday morning, clearly could have been much worse it's not the first health care for dimon, who is 63, turning 64 next week. he was diagnosed with throat cancer in 2014 he made a full recovery. even while he...
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the operation was a success and well.recovering copresidents daniel pinto and gordon smith will be temporarilyl dimon the international criminal court approved an investigation into war crimes in afghanistan. it has to do with crimes allegedly committed by the afghan army, u.s. forces, and the taliban. the ruling puts the court on collision course with washington, which is not recognized is jurisdiction. the u.s. and its allies invaded afghanistan back in 2001 following the 9/11 attacks. president trump has criticized the move and wants to bring the troops home. global news, 24 hours a day, on air and that could take on bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm su keenan, this is bloomberg. ♪ haslinda: thank you so much for that. a couple of headlines out of japan. kyle allows saying it is weighing the sale of an automaker. it's seeking up to $400 million in a stake sale in the company. it's picking an advisor for the potential estate sale. to come on bloomberg, it . opec amid a debate on production cuts. also now, where both sides stand, and
the operation was a success and well.recovering copresidents daniel pinto and gordon smith will be temporarilyl dimon the international criminal court approved an investigation into war crimes in afghanistan. it has to do with crimes allegedly committed by the afghan army, u.s. forces, and the taliban. the ruling puts the court on collision course with washington, which is not recognized is jurisdiction. the u.s. and its allies invaded afghanistan back in 2001 following the 9/11 attacks....
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co-presidents and co-coos daniel smith and pinto wrote, good news, is that it was caught early.e's awake and alert recovering well. it could have been much worse. not the first health scare for dimon who is soon to turn 64 he suffered from throat cancer during which time he still led the bank they've said, our board has been fully briefed. bottom line, thankfully that appears to be going well share downs down 3.5% clearly because of the yields you just referenced >> as we said earlier, we wish him a very speedily recoverer. he's a long-time friend of squawk he sometimes e-mails us during the show hope he's not watching right now and is just recovering there will be questions on how long that is anticipated while he recovers. people will be talking about the succession >> thankfully that plan is not going to into action the bank knows who that leader will be. that would be one of daniel pinto or gordon smith. >> you think either one of them will take over the company >> yes >> it used to be marion lake who used to be the cfo >> i think it is two groups. either one of those. gordo
co-presidents and co-coos daniel smith and pinto wrote, good news, is that it was caught early.e's awake and alert recovering well. it could have been much worse. not the first health scare for dimon who is soon to turn 64 he suffered from throat cancer during which time he still led the bank they've said, our board has been fully briefed. bottom line, thankfully that appears to be going well share downs down 3.5% clearly because of the yields you just referenced >> as we said earlier, we...
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>> yes indeed so, gordon smith and daniel pinto, the two co-ceos and presidents are very much running this bank but i can confirm that jam jamie dimon was on the phone with them regularly throughout the weekend and while mr. smith and mr. pinto are running the bank, dimon was significantly involved in this discussion and clearly all of the ceos of those eight banks that we mentioned were in touch with each other. >> wilfred frost, thanks >> my pleasure >> let's get to eamon javers in the meantime, get more on the d.c. response to the virus and what we might hear at this presser now at 3:30. >> good morning. that's right the 10:30 a.m. press conference is not happening it's 10:45 now they are saying at the white house that will be at 3:30 this afternoon, no reason given here for the delay in the presser, but we do expect it to happen while market traitiding is stil happening. meanwhile on capitol hill, treasury secretary mnuchin said yesterday that they do expect to have to do a technical correction bill later on today so we will watch for that. meanwhile, in the senate, we're hearing
>> yes indeed so, gordon smith and daniel pinto, the two co-ceos and presidents are very much running this bank but i can confirm that jam jamie dimon was on the phone with them regularly throughout the weekend and while mr. smith and mr. pinto are running the bank, dimon was significantly involved in this discussion and clearly all of the ceos of those eight banks that we mentioned were in touch with each other. >> wilfred frost, thanks >> my pleasure >> let's get to...
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the hospital early while experiencing chest pains while getting ready for work the co-presidents daniel pinto and gordon smith will run the bank it's our understanding jamie is already on the phone, making calls. his ability to recover from all kinds of medical emergencies is pretty amazing >> well, he beat throat cancer a number of years ago. he was fine with that. the expectation is he'll be back and we won't even be talk about his success for a number of years to come, but these kinds of health concerns do raise that question, of course, about succession >> he's kind of become the de facto spokesman for the industry and in many ways for corporate america with his duties at the business roundtable. no question that kind of headline shakes investors beyond banks. jpmorgan is the worst performer in the dow >> sara, what's coming up on "the closing bell" what a week it has been. >> just crazy. >> guys will be wrapping it up for us later today >> this time friday, stocks rallied to the close, didn't finish higher but was well off the lows that was a positive session. we're all over the market i
the hospital early while experiencing chest pains while getting ready for work the co-presidents daniel pinto and gordon smith will run the bank it's our understanding jamie is already on the phone, making calls. his ability to recover from all kinds of medical emergencies is pretty amazing >> well, he beat throat cancer a number of years ago. he was fine with that. the expectation is he'll be back and we won't even be talk about his success for a number of years to come, but these kinds...
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co-president daniel pinto are leading bank in dimon's absence.pmorgan shares fell on news and today up 3 and a half percent. harvey weinstein waking up in jail this morning, moved into the ricers island. he could get 20 years in prison, he's going to be sentenced next week. we will have the numbers for you and show you how it impacts markets. expectations call for 175,000 jobs added to the economy in the month of february with unemployment rate holding at 3.6%. markets are down going into this market. as you can see we are seeing another serious selloff this morning with dow industrials down 518 points, that's up 2% right now. the dow dropping nearly 1,000 points yesterday, 969 points lower that was 3 and a half percent. nasdaq down 279 and s&p down 106. joining the conversation this morning stephen moore is here or fox business dagen mcdowell and the wall street journal assististant editorial page editor james freeman. we don't have clarity. >> it's reasonable to say that if you have the virus you don't know how bad it's going to be, you know th
co-president daniel pinto are leading bank in dimon's absence.pmorgan shares fell on news and today up 3 and a half percent. harvey weinstein waking up in jail this morning, moved into the ricers island. he could get 20 years in prison, he's going to be sentenced next week. we will have the numbers for you and show you how it impacts markets. expectations call for 175,000 jobs added to the economy in the month of february with unemployment rate holding at 3.6%. markets are down going into this...