david: metlife is expanding asset management. the largest u.s. -- bringing its assets under management for outside client management for $144 billion. steve is here to talk about the business and share his perspective on financial markets overall. he is with erik schatzker. erik schatzker: good morning to you. anyone who knows metlife knows expanding and asset management is important to your company'strategy. but this is a challenging time to be doing it for a number of reasons. give me perspective. >> we are excited about the opportunity. it really expands the growth that we are already seeing in metlife investment management, which is, we think, a very unique business which really specializes in private assets and specialty fixed income assets and real estate. step back, what we have been doing with metlife since steve became ceo is defining the greater to emphasize cash flow and more current revenue. of course, is one of the largest life insurance investors in the world, we think we have plenty of capabilities. very well in that respect. we st

bloomberg has been told it has invited metlife in zurich to make second round offers by the middle ofeptember. anz is offloading its wealth on to focus on its core business. they expect to name the winner by the end of the year. deal to produce -- cell iron ore assets. yes trillion government has been administration for more than here. the biggest dealmaker was chosen as the preferred bidder. gfg, its a winning bid after a modified offer on tuesday night. developerna's biggest he announced his departure as german. the company agreed to pay a billion dollars. vanke up 30% this year. shenzhen shares are trading. rishaad: getting you back now to north korea. tensions rising dramatically in the last year, washington confirming tuesday's missile test was an icbm. getjong-un says he wants to the u.s. by the end of this year or have a missile that can do that. angie: possibly hawaii, alaska, maybe even the state's mainland itself. let's discuss the control risk. we are joined right now from singapore. what is the reality of that? the reality is that we have g20 coming up in hamburg, people a

another meeting about to get underway at 7:30 eastern on capitol hill, we are watching metlife. the white house and some keep senate players will join together. mitch mcconnell said that there will be a vote to proceed next week. we will see how that shapes up. the president says there are mixed messages, but in one form or another he wants action. yesterday the president tweeted this. as i've always had, let obamacare fail. and then come together and do a great health care plan. stay tuned. but here is the president today at a lunch with the g.o.p. senators. listen. >> seven years he promised the american people that you would repeal obamacare. people are hurting. inaction is not an option. and frankly i don't think we should leave town unless we have a health insurance plan. any senator that votes against starting debate is telling america that you are fine with obamacare. but being fun with obamacare isn't an option for another reason. because it's gone. it's failed. it's not going to be around. >> martha: there you have it. chief national correspondent ed henry live at the w

according to a statement from largest life insurer, which adds an asset manager that $33 billion.man metlifein for the deal which could close this quarter. and illinois bonds spiked today its firststate passed budget in two years and raised taxes. the house voted thursday to governor's vetoes of a budget package, ending the theest fiscal stalemate in u.s. in at least 70 years. illinois's securities were the actively traded muni bonds today. and an bank plans to sell half of a $20 billion practice of pimco.orming lonzo t loans to m the bank is moving to divest the portfolio. he says after the approved no more there are systemic issues for italian banks. business flashr update. >> coming up, what you need to know for tomorrow's trading week. is bloomberg. ♪ >> "what'd you miss?" u.s. stocks rebounding, led by the nasdaq. of course this comes on the heels of a better-than-expected the month ofor june. coming up, fed chair janet delivering her semiannual monetary policy report. it begins wednesday, to the house, and then she speaks to the senate on thursday. >> and i'm looking at the man not --

he sprinted down the field, made the tackle but after the collision he stayed down on the field at metlife staid you. he was paralyzed from the neck down. doctors gave him a 0% to 5% chance of regaining neurologic function. from the moment he was injured, the paralysis resource center buzz by eric's side with a ealth of services and support. they provided a road map of resources that helped him transition to the kessler institute for rehabilitation in west orange, new jersey. at that point, he was already exceeding expectations for his recovery and was weaned off his ventilator and his feeding tube. to help his family understand realities of his injury, they were put in touch with alan brown a friend of mine i'll speak about in a bit. he offered advice from his own experience hiing with quadriplegia for over 20 years. alan was enrolled in the n.r.n. a growing network of rah habilitation centers that provide therapies like local motor therapies. thanks to n.r.n. and his determination he recovered the ability to move his neck and shoulders, he has improved trunk, cardiovascular and pulmonary