metro bank is one of the banks that we're familiar with in the uk.ank is focussing on bringing customers in and maintaining that customer cashier relationship. the bank of america, we heard earlier in the week, opening three cashierless branches in the states. you just go in. look at headline, "boring is beautiful." lloyds is back to being a boring bank and boring is good! news about loulds. it was bailed out by the uk taxpayer following the 2008 financial crisis. the government saying now that the lloyds will be returned fully to private ownership. there is a 5% stake left which is owned by the uk or uk taxpayers as it were and the plan is for it to be returned fully to private ownership. so lots of stories on our website as ever. rachel over to you. sally, that was a thorough and comprehensive coverage of our news stories. asian stocks up overnight. despite the yen strengthened. markets were boosted by strong reports from retailers including wal—mart. let's look at the european markets. we mentioned lloyds. their shares are up by almost 5% this mor

metro bank and lloyds. kid on the block was a beat with lower than expected pretax loss and 56% jump in deposit. , fourth-quarter profit despite conduct and restructuring charges. let us make sense of the numbers. we have richard. think you so much. talk me through the fourth quarter, first of all. what was good? richard: absolutely. point tould clearly the fact that there is no ppi charges in the fourth quarter. the scandal sort of dogged the large retail banks in the u.k., lloyds is setting aside money for this over the past few years. quarter, no charges. that is one of the things that helps their bottom line. there is a little bit of conduct charge in there, 475 million pounds. that contributes to the statutory miss on earnings. on an underlying basis, it is very strong, paying the dividend. things are generally quite good if you are a lloyds shareholder today. manus: that sets them apart from rbs. challenge. it is the difference between the two, isn't it? it is still difficult to envision a dividend pr

mark: metro bank is announcing a 56% rate of increase in deposits. is it becoming a small player? small but player compared to the other banks we were just talking about. they have a small balance sheet by comparison but they are growing. the 56% increase shows they are easily gathering momentum in getting new consumers and getting their money into deposits and growing in commercial lending in the u.k. they still have a ways to go. a lot of investors have hedge funds. we have the real estate ilya mares so they will be hoping this can be a real challenger in the u.k. market. for a long time, there have only been for banks controlling about 80% of the u.k. consumer wallet. see you andto thanks for joining us. a big day tomorrow with barclays. vonnie: coming up, the chairman and ceo of tote tell -- total tells us what may lead to a global catastrophe. interview is next. this is bloomberg. ♪ mark: live from london and new york, this is the european close. france is two months away from its presidential elections. we sat down with patrick pouyanne, the chief executive of total. he was

when you think it couldn't get any worse, the front page of the metro, the banks charging more than theut the sharks, it says. this is about the charges you get when you go overdrawn. it is like a temporary loa n overdrawn. it is like a temporary loan as far as the banks are concerned. you loan as far as the banks are concerned. you are loan as far as the banks are concerned. you are charged if you go over the limit and they seem to be suggesting that these charges are extortionate. 180% of the sum borrowed. you could have an overdraft of £10 and you would have two payback £180 after two months, which is extraordinary. it is more than loan sharks. when you hear about loan sharks you think i will stay away from them and go to the bank and do the sensible thing. £10, thatis bank and do the sensible thing. £10, that is easy to do. if you don't pay it back is delay, you could be to court —— you could be caught. it back is delay, you could be to court -- you could be caught. we have had campaigns against loan sharks but some banks charging seven times more is shocking and it may affect a lot

there are names in the frame, like tsb bought virgin money or metro bank. have we learnt since the legacy issues —— since the financial crisis, you don't want to be saddled with them. they were in bed in the co—op, they had —— the it systems had to be renewed. they hurt just had —— the it systems had to be renewed. they hurtjust been replaced when the bank was put up a sale. it tells you a lot about how urgently, or the sense of purpose that this bank that needs new capital has to get it in some shape orform. it is capital has to get it in some shape or form. it is saying to the world, we are now up or form. it is saying to the world, we are now up for sale, come and buy us. we are now up for sale, come and buy us. there is a difficult question, what if nobody wants to buy it? interestingly there was a media call this morning and the new chief executive, who has only been in place since the beginning of the year, liam coleman, he did a very good job of not answering that question. that is the big question, what happens? there will be bit is that people wish

after robbing the bank he left and headed in the direction of the gallery place metro station. >>> another td bank targeted in northeast d.c. in that case police say a man came in and made a threat but did not get any money. >>> now in news for your health, a new treatment regimen may help men with aggressive prostate cancer live longer. it involves combining hormone blocking drugs and radiation. >> it's from the new england journal of medicine. it's actually a 20-year study. they've been using this treatment for a while but now there's definitive proof that it works. we're mo hormone therapy with radiation pe therapy. these are men who have had surgery and it comes back. one of the reasons why some doctors may have been reluctant to prescribe the hormone therapy is there are definitely side effects. it blocks a man's testosterone. so one doctor explained it to me as basically putting a man into menopause. he may have sexual dysfunction, hot flashes, some men grow extra breast tissue. there are significant side effects for men. one the one patient we spoke to, said, look, it really beats t

metro and airports. in kuwait, the government has been very proactive. seen a fact that we have big surge in infrastructure in kuwait, that has been a driver in the market in the bankse, the government has tourism.en focusing on many of the projects that are being delivered were being .orked on in dubai yousef: that is it for this best of bloomberg markets: middle east. we will cover more company results, speaking with the ceos of iraq bank. it is the start of the trading week in the gulf on sunday morning at 8:00 a.m. in the uae on bloomberg television. join me then. this is bloomberg. ♪ >> coming up on bloomberg best. the story that shaped the week in business around the world. central banks keep policy in a holding pattern. no news indications of good news? >> the fed did not push back against the markets view regarding interest rates. >> how many ways can you stay neutral without staying neutral. business leaders react to orders from the white house. >> we are beginning to see cracks in this very brief embrace between big business and the trump administration. >>

metro. just go to wjla.com/text to sign up. we'll send text alerts right to your phone. jonathan: well, police are trying to track down a bankalready recovered the money he stole. it appears that the robber drop the bag of cash while he was running away. it was found in alexandria on jefferson davis highway. police say they have all the cash back caught up with the guy who stole it of yet. michee: luxury retailer tiffany's is looking for a new leader after the c.e.o. stepped down following disappointing sales. the company reported good profits in november but said holiday sales were lower than expected. the previous c.e.o. will serve as the interim c.e.o. until a successor is named. a chinese plane maker taking on boeing. this is the c919 made by komak. it hasn't even flown yet. the c919 will compete with the boeing 737 and the airbus a320 in hopes to get what the airline industry believe could be a $5 trillion market over the next 20 years. jonathan: while we are talking about flying, how about this? check it out. the longest commercial flight available right now in the world. it starts and flies to auckland, new zealand. t