francine: jenny johnson, ceo of franklin templeton.e will send it back to you and have plenty more from davos. it feels like day six but it's actually only day two. tom: stay warm. great conversation. francine lacqua, thank you very much indeed. 20 more coming up with an from fran -- plenty more coming up with and from fran. christopher wilcox, executive head at nemura holdings joining us to discuss the outlook for dealmaking and then we will speak with one of your a's largest insurers -- of europe's largest insurers, mario greco, on the state of the insurance industry. don't miss those conversations. lots more coming up. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. we have some breaking news. a potential tie up between generale and natixis. this is looking at a 50-50 joint venture. that parent group including natixis. sonny a nine signing a -- signing a deal. it will be owned equally by the two companies. keep across this story -- we will keep across this story. gener ale in focus. could be in th