j.p. morgan chase is moving billions from the u.k. to frankfurt and it said the 200 staffers made the channel as well. as an uncertain terms. for me in the business to buy stuff. there's a little society event in the labor market versity is calling for the gender of the ethnic background. orientation health of the military should be the deciding factor in career success. we talked to the human resources director is diversity just lip service to the reality made in germany. next. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating borders heritage sites. w world heritage 368 getting apps now. we're all different even though at the same time we're all basically the same where fashion from a maryada factors like age ancestry gender.

j.p. morgan chase again because bank you know recently internal memo of the bank was leaked and made public it was very interesting it were in the directors of the bank that this in their words the survival of humanity is at stake if we continue on our present course of funding falso fuels and it added that the bank is facing reputational risks meaning the public is getting and rage and will take its revenge on you and harm you to the leaders of the bank unless you make moves towards that we're going to save humanity from destruction otherwise the banks will be going over the public and national acts which can be done or replaced by public things that's all within reach and the leaders of the economy know that their old is quite fragile while everything seems nationalized here in britain more so than after the 2008 crash because of a pandemic and hundreds the 5 people are being arrested on the streets of london as part of the extinction rebellion protest that j.p. morgan claims in public. rather than any mema fossil fuel loads for the arctic drilling have stopped their phasing out known for

j.p. morgan chase.ng at it here, they allow the company to move morethhan $1 billiough a london account without knowing who owned the account. that is one of the key things within banking, you have to know who it is you are dealing with, who your customer is. that was one othlessons from me of the past things like thepa ma papers involve hiding the identities of the people involved. >> ok. people will try t find a way hide their money it seems. a quick look at other news from around the world. more than 240 asylum-seekers on a greek island are now infected with covid9. over 12,000 people removed there after ae fir a migrant camp earlier this month. it took a week for them to be re-housed a few kilometers away. the u.s. secretary gener says he will not support re-imposing full sanctions on iran as the s. is demanding until he gets a green light from the secured counsel. the u.s. has set all sanctions have been restored because iran was in breach of the nuclear deal. that decision is illegal some psay bec

j.p. morgan chase biggest bank or exxon mobil you basically have to jewishness. one choice is to meet the requirements of the institutional structures that exist and work to maximize profits no matter what the human consequences that's one choice or the other choice is to put those aside and work to create a decent world suppose you makes a choice in your immediately thrown out of the board of directors and somebody else is put in who makes the 1st choice theirs or institutional it's not individual no that's not to say that it be changed within existing institutions it can so take j.p. morgan chase again biggest bank recently an internal memo of the bank was leaked and made public was very interesting it warned the directors of the bank that this and their words the survival of humanity is it stage if we continue on our present course of funding trouble feels that it added that the bank is facing reputational risks meaning the public is getting and rage and will take its revenge on you and harm you the leaders of the bank unless you make moves towards. working to

j.p. morgan chase is moving billions from the u.k. to frankfurt and it said that the 200 staffers made needs moved across the channel as well all to the post friends of uncertain terms. that's it for me and the business to be with us. where does research stand. what are scientists learning. background information and news. hour carona updates. covert 19 special next on d w. m her. sometime. since learn. what connects from the stronger the monster the rates that. are so strong that it cannot be torn down. we celebrate the 30th anniversary of his realistic occasion october 3rd on d w. in african countries poor living conditions are in demick and diseases such as malaria diabetes and tb a widespread. health care facilities are generally under resourced and often decrepit. and yet so far the continent has avoided the worst of the pandemic. there were fears that living conditions in urban communities in south africa and beyond would accelerate the spread of the virus some experts are now asking.

j.p. morgan chase is set to move $230000000000.00 in assets to germany as it shifts its european business out of the united kingdom it's hoping to complete the move before the breck the transition period expires at the end of this year. u.s. president donald trump has announced new restrictions on cuba american travelers will no longer be allowed to stay at properties owned by the cuban government nor will they be permitted to import cuban cigars or liquor it's the latest move in a series of attempts to cripple the country's economy. consumer sentiment has stabilized in germany with a growing perception that the country is on the road to recovery one major factor is the increase in the number of people returning to work after a government support scheme kept them on the books at the height of the crisis. the international labor organization says job losses and reduced hours have led to a more than 10 percent drop in global income in the 1st 3 quarters of this year that's the equivalent of 3 and a half trillion dollars while the pun demick has affected nearly everyone as our next report sh

j.p. morgan chase commercial bank, i have -- jobs ahead of that report.e can't get a system put together, whether it is testing on the new york side or on the london side. tom: it is extraordinary when you look at the airports, particularly how well run heathrow is. they seem to do everything right. you would think they would absolutely nail it down. i am not so sure that jacob cheney -- that jfk can handle that. jonathan: the payrolls report coming up around the corner. we will catch up with randall on ther, joining us others with equity futures coming in 0.2% on the s&p 500. the payrolls report, your million. 1.35 that. . is the consensus for you. the range. wide, wide. this is "bloomberg surveillance ." ♪ jonathan: the payrolls report from the month of august seconds away in the united states of america. your estimate 1.30 5 million. equity futures coming in eight points in the s&p 500. here is michael mckee. michael: the payrolls number is just about bang on with what was estimated. 1.4 jobs created during the month. the unemployment rate falls more t

j.p. morgan chase says they will bring back senior managers in their sales and trading division, they will bring them back to the building and it affects workers only in new york and london, the president congratulating the bank saying working in an office will always be better than working from home, this could be exactly what his economic advisers are saying about life coming back in the economy. >> the great news here is that businesses are reopening and the economy is moving forward at a rapid, probably than gunter better than folks thought. that is a great news and that will continue. >> new york has been closed for three months in the last three months have been some economic activity with a push from the bottom up to do more, brinks bringing workers back and part of goldman sachs telling employees it will allow workers to return to shifts, and shifts over the next coming weeks, they sent a survey to workers to see what they think about returning in october, deutsche bank making arrangements for part-time office work when the pandemic ends. these companies devalue and having that wor

j.p. morgan chase, and others are among those thbave been moving trillion in dirty money since 1999. even after fined by u.s. authorities throughout the year. >>> today is national voter registration date. social media giant facebook estimate it has helped to register about 2.5 million people so far this year if her notifications across its platforms. it also includes instagram and messenger. facebook stoles to register for a million people this year. this week the company launched new campaigns to encourage people to visit its voting information center to ensure their vote is counted. googles the doodle will also help users register to vote. for more go to cbsmoneywatch.com. >>> now to the storm watch, tropical storm beta makes landfall in texas and as parker reports, the biggest threat facing residents right now is the storm surge. >> tropical storm beta has not even made landfall and is still causing a lot of problems along the coast. some neighborhoods are completely >> he took his paddleboard to pick up a few things at the gas station. >> i live under the bridge. i do not want t

j.p. morgan chase. the leakeded documents show how banks have helped to circumvent sanctions against the run and syria. many of the -- the banks say many of the transactions took place a long time ago. further, we spoke with a member of the european parliament. he is pushing for a parliamentary hearing, a problem he says has bebeen neglected way too lolong. >> the main issue is in momost member states in europe, but also globally, the controls, in order to make law effective, are really lax. we have public institutions which are under-resourced. ththis holds trurue for much lar financiaial centers, and equally the sanctions s -- the m maximum sanctions outside e of the u.s.. arare far too lowow. therefore we have not the right incentives in place. even after the financial crisis, basically, hardly anyone who was responsible for criminal activity in the banks was jailed, and outside of the u.s., fines were relativelyy low. ththese two ththings have to c e -- more effefective oversight ad harsher sanction

j.p. morgan chase has agreed to pay almost $1 billion after agreeing to wrongdoing into an investigation intoket manipulation. this follows investigation by federal agencies into alleged price rigging of global marvets. it involthe practice of flooding markets with orders which was banned after the financial crisis. blthe ic prosecution service of northern ireland has stuck to its original decision and announced itro won't psecute any further former soldiers over actions on bloody sunda that follows a review of the cases of 15 veterans. one man remains the only former serviceman to face legal action. 13 were killed and 15 others wounded when the army opened fire ocivil rights demonstrators in londonderry in january 1972. you are watching "bbc world news america." stil t come on this program, amnesty international says it is being forced to stop operating in india because of what it says our incessant reprisals from the government there. more on that. britain and canada have imposed sanctions on belarusian officials includingal president ander and his oldest son. the move follows a disputed re

j.p. morgan chase it also is said to facilitated money laundering for corrupt entities in venezuela ukraine and malaysia while h.s.b.c. allegedly helped move money from a ponzi scheme around the world we spoke to one of the reporters from the international consortium of investigative journalists who uncovered these findings you know it was very fascinating to see the huge money flows through the biggest banks you can think of no i'm not talking about shady banks. well known secrecy havens we're talking about the biggest banks you can think of we're talking about banks on wall street and they threw money that was sort of sent through them by these smaller banks all over the world and these are the banks that you sort of believe over sort of the grown ups in the room who are going to be responsible for you know being taking their sort of front line defense against. really toxic talk to criminality but in fact you know we were seeing not only were they were having this stuff through but they sort of knew it was it was stuff that they were wading through as well. financial institutions are lega

j.p. morgan chase the leaked documents show how banks have helped to circumvent international sanctions against iran in syria the banks and say that many of these transactions took place a long time ago and that they have since tightened their rules on money laundering . earlier we spoke with sven gold a member of the european parliament he is pushing for a parliamentary hearing to investigate a problem that he says has been declared good for far too long take a listen. the main issue is that in most member states in europe but also globally the controls in order to make law effective really lacks so we have properly institutions which are under results this holds true for most. financial centers and equally the sanctions the maximum sanctions outside of the us fall too low and and therefore 'd we have not the right incentives in place so even after the fund then should crisis basically oddly anyone who was responsible for criminal activity in the banks was jailed and outside of the u.s. fines relatively low and these 2 things have to change more effective oversight and hotshot sanctions on the

j.p. morgan chase and bank of new york mellon were implicated over almost 2 decades the 5 banks had a rich themselves and their share. holders while facilitating the work of terrorist kleptocrats and drug kingpins the report said so of course i mean we cover this all the time we've been covering we covered precious metals manipulation over and over we had guests who pointed out exactly how it was happening where it was happening at the exact seconds that it was happening and it took you know they got steal billions of dollars and then they had to pay back some of that and this will happen you know again this time because of course fence and will have to be seen to be doing something they have to respond to this report and do something in the crackdown but they won't crack down on j.p. morgan and deutsche bank and h.s.b.c. it will seem like it to the news to the to the you know ordinary voter think wow deutsche bank pay $2000000000.00 is a lot of money but of course it's going to be back doored through the taxpayer they're going to pay it out nobody will go to jail in the meantime they will

j.p. morgan chase has agreed to pay 920000000 and admit to manipulation of precious metals and treasury markets what happen here are up 30 seconds left kristie all this was a record penalty for spoofing which is when trade us flood the market with orders that they actually have no intention on executing it's actually to create the illusion of demand and to push prices up so to acquire fines over the span of 8 years 15 traders at the biggest u.s. bank cause losses of more than $300000000.00 to the participants and precious metals and the treasuries market so this is a big one but j.p. morgan is the one that got caught spoofing this time but i think actually a very common practice so common at the trial is that we argue that spoof bank was and evitable adaptations by self traders in order to fend off all the hype frequency traders that are now driving the markets as christiane octavio emergency of optimists l.l.c. thank you. all for your time. and that's it for today you can always catch us up portable t.v. we'll see you let's. look. at the road to birds or head. more behind for the feel good but

j.p. morgan chase bank of america wells fargo citigroup goldman sachs and morgan stanley all jumped 2 percent or more throughout the day so let's go ahead and take a look at the state of markets with michelle snyder she is the director of trading education and research at market gauge dot com michelle thanks so much for being here i want to start with hoover the company posted a loss of $1800000000.00 the latest quarter due to the pandemic forcing people to move around last staying at home now that coupled with issues that they've had in london and in california has been a cause for concern for the company especially as they move to actually turn a profit for the 1st time but they're stuck right through did you shoot up today on this news what are your thoughts on hoover as of now. well 1st of all if i look back at it from the end of august early september it already went into what we call a bullish trannies and i recall doing some key moving averages that a lot of investors like to look at so when you have the kind of support even before all of this in the face of bad memories well it takes

j.p. morgan chase. interest rates looking high compared to the last election and two prior election cycles. is there a sense equity markets are not pricing in certainty? ann: with respect to the election? haidi: that is right. they talked about the fact the market is expecting risk the election results are not pinned down. it feels it is priced in, the risk is there. in terms of where the impact could be maximally felt, it is unclear. we are waiting on the friday jobs report from the u.s. just one more question i would like to squeeze in, given we are waiting on the jobs report. the beige report has positive print. -shapedre could be a k recovery. is recovery in the u.s. wobbling? ann: if you look at the beige book results that came out today, and anecdotal indication of sentiment,. it was not unexpected it was cautious. growth was there, consumer spending was up a bit. manufacturing has accelerated to nearly a two-year high in august. you do not see the impact in the labor market. seeinventory tighteni

j.p. morgan chase. --ry: what we are talking and alibaba.a losing his title as japanese richest men. >> he has lost her temporarily to the founder of -- the bottled water maker. 75% ofhe head of or on the vaccine major -- maker. it is worth a lot of money right now. 2000% thisas gone up year in china. seanm --ou as mobile fou shan. it is done well. lone wolf is his name. jack ma could be the lone wolf as well. number one richest and number 17 worldwide. shery: stephen engle there. ensure s wb, backed by a hong kong billionaire rigidly as -- could raise as much as $3 billion. morgan, goldman sachs on a potential share deal which would be the biggest plan ensure an asia insurance japan post in 2015. johnson & johnson as begun large-scale stage of three trials of its one-shot college vaccine. the company will does up to 50,000 volunteers, marking the first big u.s. trial of an inoculation that may work after just one shot. vaccineis the fourth maker to move its candidate into late stage trials in the u.s. haidi: there is growing concern minorit

j.p. morgan chase is no longer allowing junior sales and trading staff to take uber to work at the company'sse. that reverses a measure enacted early in the coronavirus pandemic to help workers feel comfortable commuting to the office. more workers are expected to resume working in the office with senior traders required to return next week. let's check in on the markets. it is a day of red on the screen in the mainland and hong kong, led by technology shares. if you look at the hs tech index of the biggest 30 technology companies listed in hong kong, down 1.5%. nasdaq 100, you are seeing the futures there also lower. the dollar is reflected in the euro-dollar cross, currently the euro down .4%. offshore currency in china, 6.7 6%. a bit of pressure on the yuan. the dollar index up more than 2 .2%. yvonne: yeah. that dollar coming back is what has been leading this risk off --ter the fed offered it looks like the recovery has been faster than expected, but they things are -- they think things are going to stall from here. that disappointed the market today. scott minerd told bloomberg the fed

j.p. morgan chase is moving about $230 billion from u.k. i had a brexit.the largest banks in germany with less than four months to go until the brexit transition period expires. national banks have been beeping up operations in the european -- beeping up operations in the european union. nike is bouncing back from its pandemic slump. the world's largest sportswear maker returns profit for the quarter, boasting far better revenue than expected. that was held by growth in china and sales by e-commerce. nike valued in late trading, giving a boost to other activewear companies as well. amazon is telling echelon fitness to stop selling the prime bike, an exercise bike promoted as a collaboration with the company. it is not related to amazon prime, and they are working to change the product branding. no comment yet from echelon. that's your latest bloomberg business flash. tom: thanks so much. we have had 4, 5, 6 once-in-a-lifetime events. that means it is a good time to ourak to not send the lab -- next guest. here is our interview. >> you hear a lot of people

j.p. morgan chase says investors should prepare for the chance president trump gets reelected. the bank took a look at polls and estimates there could be a shift of up to 10 points from democrats to republicans if the protests turn from peaceful to violent. the pandemic has created tons of red ink for chicago. the city projects a budget deficit of $2 billion through 2021 including 800 lien from this year. the coronavirus has decimated chicago's revenue. the mayor warns there could be layoffs of government workers. she has called for more federal aid. a sign that apple's most important product is holding up in the midst of a recession and pandemic. the company has asked suppliers to build 75 million 5g iphones for later this year. apple anticipates shipments of the devices could hit 80 million in 2020. global news 24 hours a day on air and on bloomberg quicktake powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta, this is bloomberg. bonds, currencies, commodities, it's an ever lessening of the real yield. a record low, but a huge negative