>> mcewan: that's right.are like young people-- they're vibrant, they're full of life. in fact, this for me is like coming home from work at the end of the day. i worked really hard-- nobody appreciates me, my wife doesn't appreciate me, my kids don't appreciate me, life's a bitch. >> simon: couple glasses of that and it doesn't matter. >> mcewan: couple of shots of that and i am the king of the world. >> simon: absolutely. you know, frankly, i never liked this stuff, but the way... you're talking me into it. >> mcewan: but you've got to check every barrel. >> simon: i certainly hope so. cheers. >> kroft: mcewan is the man responsible for the taste and consistency of the whiskies at bruichladdich, which requires a very personal involvement with the product. >> simon: i have heard you described as the "cask whisperer." >> mcewan: i do talk to casks. there's no doubt about it... >> simon: in what language? >> mcewan: mainly english. depends how many whiskies i've had. if i've had a few whiskies, i tend to rever

. ♪ francine: ross mcewan is the consummate retail banker.e head of the commonwealth bank of australia before taking over the retail division of rbs in 2012. a year later he was named chief executive. running rbs poses unique challenges. under his leadership the bank posted its first profit in 10 years in 2018. with the chief executive called -- today on "leaders with lacqua," we meet ross mcewan.

. ♪ >> russ mcewan has transformed rbs during his tenure.urning to the bank to profits and changing what was once one of the world's biggest lenders into a small u.k. low risk retail bank. what kind of leadership style does it take to refocus a bank to this complexity, all the while feeling the government as the biggest shareholder? i don't know if you have three priorities that you carve this up in the next 12 months. if there were, what would they be? >> simple customers. make it simple for customers. >> and this is mobile apps. >> even in the big business, how do we make those transactions when you want to do some borrowing or you need to do a bigger deal? have do you make that easy for a customer. certainly, for an individual, how do you make it easy? keep in mind, keep it safe. cyber. talked about there is some bad people going after money of clients. -- a simple space as we can for you that when you're doing something, you know it is a safe transaction. some pretty bad things going on out there at the moment. we have unsuspecting peopl

we won't settle for grownups we will get the protests of commerce a time when mcewan's popularity has been so i ding down a slippery slope and hitting new all time low we're not going to send in office eighteen months ago he promised massive reforms from the pension system to the working code and that he wouldn't relent from getting the job done no matter how unpopular it proved to be my reform agenda is to modernize the country and we will pursue this modernization agenda and any chance that you will back down no chance his tenure as president has already seen one point spread protests but until now he has largely ignored them refusing to change course the concessions being offered to the yellow vests show that he's willing to drop his uncompromising stance when it seems the violence spirals out of control so that you can ski on t. harris. approach a professor of french politics at u.k.'s work university all of a davis feels that mccrone can no longer ignore those street protests. i think there is a question for the administration about the extent to which it can continue to ignore t

work or drive to public transportation drive to basic services and i think that the government has mcewan's government has been looking towards europe they have all these these big plans and these and the grand visions for the future and for the future of france but in these nations they neglected to to look at some of the. problems the domestic problems within france and there's a segment of the population that does feel left behind and forgotten and overlooked i want to play and not a protest to call daniel and daniel explains his situation and why he's protesting on the streets have a listen. try to reflect on these all this go tonight or you go to normal. don't know about i feel really separate are good. for you. to pick. up where should it be a happy or don't thank you got to move we. don't know we i don't believe more. divorce off a lot of damage if you. are not particular. needs to get lost but this is a lot a lot of. some of the ideas are coming from the streets and protesting is that we are sick of the president but realistically the president isn't going anywhere or is he. well no

time when mcewan's popularity has been so are you doing down a slippery slope and hitting new all time low we're not going to send it off this eighteen months ago he promised massive reforms from the pension system to the working code and that he wouldn't relent from getting the job done no matter how unpopular it proved to be my reform agenda is to modernize the country and we will pursue this modernization agenda and any chance that you will back down no chance his tenure as president has already seen one spring protests but until now he has launched ignored them refusing to change course the concessions being offered to the yellow vests show that he's willing to drop his uncompromising stance when it seems the violence spirals out of control. member of the french national assembly. says that six months is a convenient length of time to suspend the fuel price hike. when the amount of their taking the fringe people for fools they want to gain some time to subdue the beast before the european parliamentary elections out this is their thing that the n.h.s. won't see that they're trying

against fuel tax rises to show that do risky picks up the story seems this was not the president that mcewan was hoping to find under his christmas tree on christmas day this petition is backed by four charities including two charities here in france and it's not just gonna move the one point six million signatures it's also being backed by french celebrities but we are simply going to sue the french state for its inaction regarding climate change we're trying to force the state to drastically reduce emissions another headache perhaps a president who's already been having a difficult few weeks as the yellow vests protest can. they've been going on now for more than six weeks some of the weekends here in paris have seen would have been described as the worst roit seen more than half a century. now they all started six weeks ago on nov seventeenth over plans to increase a tax on fuel here in france now that led to president trump in the u.s. to mock president might call over that the paris agreement isn't working out so well for paris protests and riots all over france people do not want to be

you know, you can think, martin amis, ian mcewan, and others.f their books but they couldn't probably do what i do, whereas i am pretty darn sure i could do what they do. i think that's just the facts of the writing landscape. because, ask yourself the question, if they could do it, why don't they? because maybe for snobbish or other reasons, they don't value what you do. they see it as, in a sense, to use a metaphor, they see it as junk food as opposed to a proper gourmet meal. yeah, they do. but suppose you were a gourmet who loved great restaurants, wouldn't you one day go and eat at mcdonald's so your children could go to college, your grandchildren could have a house and so on? wouldn't you sacrifice one meal to ensure the security of yourfamily? so literary writers, i love what they do and respect it completely, but why don't you just take a year off, make a fortune and the family will be ok forever? is that not an irresistible proposition? if they are not doing it, they are either incredibly self—sacrificing on behalf of their children or

martin amis, ian mcewan, others.ure i could do what they do. i think those are the facts of the writing landscape. if they could do it, why don't they? maybe for snobbish or other reasons, they don't value what you do. in a sense, to use a metaphor, they see it as junk food as opposed to a proper gourmet meal. but suppose you were a gourmet meal. but suppose you were a gourmet at great restaurants, wouldn't you one day go and eat at mcdonald's so your children could go to college, your grandchildren could have a house and so on. would you sacrifice one meal to ensure the security of your family so literally right —— literary writers, i love what they do and respected com pletely what they do and respected completely but just take what they do and respected completely butjust take a year off, make a fortune and the family will be ok forever. is that not an irresistible proposition? if they are not doing it, they are incredibly self—sacrificing under half of their children or grandchildren or they can't do it. we talke

ross mcewan says it is the only option. more next.s is bloomberg. ♪ >> i have in a backer of the deal. i don't see another deal. from a business perspective, we need certainty. ♪ , the: five days from today british parliament will vote on prime minister theresa may's >> a deal, with most people predicting a defeat. in an exclusive interview, ross mcewan said there were no alternatives and a british recession may hang in the balance. >> i have been a backer of the deal. at the moment, i don't see another deal. from a business perspective, we need certainty. you not going to get everything you want. you have to give up on something to get something else. for me, it is how do we get certainty into the marketplace. investment is not being made. companies are not investing for the long-term at the moment and want to see certainty. that is why this is important for the u.k. economy, build some certainty. i think it is in the hands of our imp's. brexit,n't get a hard this economy will go into recession. is thatthe reality uncertainty will pu

work or drive to public transportation drive to basic services and i think that the government has mcewan's government has been looking towards europe they have all of these these big plans and these in the grand visions for the future and for the future of france but in these visions they neglected to look at some of the. problems the domestic problems within france and there's a segment of the population that does feel left behind and forgotten and overlooked i want to play and not a protest to call daniel and daniel explains his situation and why he's protesting on the streets have a listen. try to reflect on these all this go to not argue it goes to normal. don't know about i feel really surprised there isn't a military article where you. open well beyond fear don't think you got the phone who we. don't know we i don't believe more. divorce off a lot of debris did you. not particular. needs to get lost. this is a lot a lot of. ideas on the ideas are coming from the streets and protesting is that we are sick of the president but realistically the president isn't going anywhere or is he.

we heard from ross mcewan, the head of the royal bank of scotland.id the problem is it is causing uncertainty. businesses are not investing because of that. this could cause a big slowdown in growth. could he mean recession? >> we have seen what breaking this link up, going through a process with williams were supposed to have broken out part of the bank. pounds.us 2.4 billion it is easy to save break banks up, but is difficult to extract them because of technology that runs a bank. it is much more difficult than people think. kathleen: the bank of england, mark carney warned the estimate for what happened to the u.k. in a hard brexit, some say it is too harsh. 8% drop in gdp, 30% for home prices, i could go on and on. it is important to see a banker see a business person making a statement as well about how important it is to avoid the hard brexit. thank you. wielding a user data like a bargaining chip, we will break down revelations from the trove of released internal emails from facebook. this is bloomberg. ♪ paul: i am paul allen. shery: i am she

lacqua said down with royal bank of scotland ceo ross mcewan in london. over brexit is doing real damage to the british economy, which is why he supports theresa may's deal with the eu. ♪ deal.ave seen the at the moment i don't see another deal. from a business perspective, we need certainty. we negotiated hard over a long. love time. -- for a long period of time. it is how do we get certainty into the marketplace? what is starting to happen is investments are not being made. companies not investing for the long term in order to see certainty. that is what i think is really important for the u.k. economy. i think it is now in the hands of our mps. get the deal on the table and make up your mind. >> do you think sme's, worst-case scenarios with a hard brexit, are they ready for it? >> i don't think they are. the conversation is with many customs numbers -- we have the largest lender into the business. the bank might be ready, but there are many customers that are not ready for a hard brexit, that don't understand it. we have been out talking to customers o

withine lacqua sat down ross mcewan in london.r brexit is doing damage to the british economy, which is why he supports theresa may's deal with the eu. ross: i have been a backer of the deal. i do not see another deal. from a business perspective, we need certainty. with any deal, we negotiate hard over a long time, you are not going to get everything you want. some things you have to give up on to give something else and get something else. investment is not being made. months,the last 6-12 companies are not investing long-term at the moment. that is what is important for the u.k. economy. build certainty. get through. it is in the hands of mp's. there is a deal on the table. take up your minds if you want it or not. >> hard brexit, are they ready for it? ross: i don't think so. conversations we have had with business customers, we are the largest lender in the economy, the bank might be ready but there were many of our customers who are just not ready for hard brexit. they do not understand the ramifications. we have been talkin

francine lacqua sat down with royal bank of scotland ceo ross mcewan in london. uncertainty over brexit is doing damage to the british economy, which is why he supports prime minister theresa may's deal with the eu. ross: i have been a backer of the deal because at the moment, i do not see another deal. from a business perspective, we need certainty. with any deal, we negotiate hard over a long time, you are not going to get everything you want. there will be parts of that that you have to give up some things to get something else. what is starting to happen is investment is not being made. this is the last 6-12 months, larger companies are not investing for the long-term at the moment. they are wanting to see certainty. that is what is important for the u.k. economy is to build certainty. i think it is really in the hands of mp's. there is a deal on the table. make up your minds up. do you want it or not? , ifcine: do you think sme's we have a hard brexit, are they ready for it? ross: i don't think they are. conversations we have had with business customers, we

matt: that was ross mcewan, the ceo of rbs, speaking with bloomberg's francine lacqua.interview, the chairman of our place japan said he is seeing real concern over brexit among japanese clients. anxiety.eal what i would say is they are sense will prevail that on the other hand, we are working closely with our clients and colleagues in london. there is an element that you want to make sure you are ready to take on whatever risk we might see or volatility we might see in the next coming months up to march 29. matt: joining us now, the chief market analyst. lessiced you were concerned about her no deal brexit, which is why i wanted to talk to you. is there a higher likelihood we could have no brexit et al.? -- at all? >> it is certainly something i think has changed in the last 48 opinion of the european commission's active -- advocate general that the u.k. could unilaterally revoke article 50. for me, that is a significant game changer. i certainly think it gives encouragement to remainers with respect to voting down the deal in the u.k. parliament next tuesday, so i cer

work or drive to public transportation drive to basic services and i think that the government has mcewan's government has been looking towards europe they have all of these these big plans and these in the grand visions for the future and for the future of france but in these visions they neglected to look at some of the. problems the domestic problems within france and there's a segment of the population that does feel left behind and forgotten and overlooked i want to play another protest to call daniel and daniel explains his situation and why he's protesting on the streets have a listen to. truckers reflect on these all this go to not argue it goes to normal. to ponder about i feel really separate are good. for you. your party will pull well beyond fear don't jump you've got to move we. don't know we don't believe more. divorce on foetal demitted you know more time we're not particular. needs to get lost but this is a lot a lot of. ideas on the ideas are coming from the streets and protesting is that we are sick of the president but realistically the president isn't going anywhere or s

david mcewan says that pressure will be growing in the white house, beginning in the new year.trol of the house and government workers are not getting paid. >> the dynamic is going to change, these workers that you are talking about, and the essential employees will not be able to pay their mortgages. they will not be able to pay bills or holiday bills, as we move into january, that will fracture the economy, even though it is a blip in some ways -- >> the professors says that the fx could linger all the way until the presidential race in 2020, he says well president trent must make his conservative base happy, you will also try to show that he is a dealmaker and can negotiate. >>> it has been 10 years since officer grant was killed. >> how his family is remembering him, after he was shot and killed. >> helping camp fire victims, the special ipa that is being brewed in the area. ♪ ♪ ♪ connecting people... ...uniting the world. ♪ united. official airline of the golden state warriors. it gives you super fast speeds for all your devices, xfinity xfi. a more powerful way to stay co