an exclusive interview with the finmeccanica ceo.g up, major cost-cutting changes despite the highest quarter. we are live in paris next. ♪ manus: welcome to "the pulse." live from bloomberg's european headquarters in london. bnp paribas has published its biggest quarter results in three years. second quarter profits at 2.5 6 billion euros billion euros. the overall cost cutting is in response to tougher capital rules. >> as a consequence of this, the teams are working on a plan to crystallize all of these accelerations. the first axis is to improve the efficiency and the returns through things like industrialization or the further optimization of the use of the balance sheet. on the other hand, to continue to invest in targeted domains in order to capture further market share. that is what we are doing. that takes time. we will give an update when we publish our full-year results. manus: the cfo spoke to bloomberg. i mean come this story, yesterday's scoop was a run the corporate and investment bank. the numbers are good. what more