such as cutting back on investing in fossil fuel projects among them or major players like deutsche bank citigroup and barclays in total $130.00 financial institutions in $49.00 countries have signal that they are on board but there's a big but notably 7 of the world's 10 biggest banks are missing from the list the un initiative calls on banks to harmonize this strategies with the paris climate agreement and work towards a sustainable future one for being seen on one hand as maybe an overdue move to mobilize the influential financial sector to on the other a fire that will cause more problems than will solve we put it up for discussion here on r.t. . what we really need to be looking out looking at is eliminating the funding of fossil fuels as quickly as possible and the key thing here is not to focus too much on the banks they will do whatever they can within what is profitable and legal key thing is to put pressure on governments to utterly change the rules in terms of what banks do to get rid of anything that is destroying the future for our children the green technologies that are presented as

deutsche bank defending micron, saying of trade eases, that should help micron. ge up 4.7%. citigroup is defending the shares, saying the early stages of the turnaround promises. these are the best stocks for the s&p 500 on the day. david: ge could use it. thanks a much to abigail doolittle. the fed says it is data dependent, but which data is it depending on. we talk with tiffany wilding of pimco. that is next and this is bloomberg. ♪ david: this is "balance of power westin. am david mark: hurricane dorian is menacing the u.s. east coast. the storm is lashing florida after ripping through the beatingin a two day that cause damage that may cost the island billions. dorian has weakened but is still packing winds of 105 miles per hour. forecasters say it could make landfall as a category 1 storm thursday. the european union is warning businesses and people likely to be hit by brexit to prepare for the possibility that britain might leave the block without an agreement next week. as. officials have released checklist for companies to use. they will minimize disruption to trade. the commi

citigroup right now is number four in m&a. is behind that. it will be concerning where they are winning and losing. alix: what about deutsche bank?hey are blaming it on negative interest rates in europe, already bringing revenue targets through 2020 down quite a bit. it is looking tough for a lot of folks because of negative interest rates. let's see how they change their strategy to respond to that to make sure they can keep the revenue higher. alix: in terms of the u.s. banks and the yield curve here in the rates for the fed here, which banks are more sensitive? which banks are going to feel that the most, and what way? sonali: back to bank of america. wells fargo already gave sort of a tough flow when they said revenue would come down again. holding steadyen on the consumer. david: it is not good news for bank of america at all, but there are fees coming in that could make up some of this. right now they are saying the volume is making up for this. sonali: and jp morgan heavily pushing the digital strategy as well, picking up more consumers. alix: and don't miss our exclusive interview with morgan stanley ceo james gorman, com