mr. jain. mr. jain is under a great deal of pressure right now. hans: he's in a great deal of pressure and now the hard part starts. he's got to sell this internally and externally. they shed some $2 billion in assets. they want to take it privately and then have an ipo at the end of 2016. throughout all of this press mr. jain on this point, and he insisted he would not need a capital increase. mr. jain: very painful, and indeed, the actions of a few have done untold damage to the franchise overall. hans: but in terms of your expectations? mr. jain: we would have hoped for a smaller number but that is not something we can control. hans: i want to know how you can rule out a capital increase when you do not know what future litigation costs will be. mr. jain: we have built-in significant analysis in the next five years. we put in some very hefty assumptions for what could come and we are completely fine and we will be able to maintain our capital ratios despite that. stephanie: i realize normal

mr. diamond: did i ever see myself wanting to retire no. erik: it was not your chance to leave barclays. the circumstances are similar to anshu jainr. diamond: anshu is one of the best executives in financial services, full stop. in the u.k. there's a challenge today that has been going on for five or six years, what is the role of the larger banks in the u.k.? we are seeing that in ways beyond barclays with the challenges facing hsbc and standard chartered as well. erik: thank you very much. bob diamond of atlas merchant capital. formerly of barclays. from the milken conference. betty: thank you so much. eric and stephanie. in two minutes, a deeper dive into twitter. reporting results after the close today. ♪ betty: twitter is the latest in a string of tech companies to report results. we heard from a lot last week. the report could reveal whether a string of products would equate to a gain in their user base and more engagement. monthly active users expanded 20% last quarter to 288 million a slower rate than the third quarter 23% rise. paul covers technology. we were just talking, what about periscope? that was a new product. pa

jain. what should happen to him? stephanie: he is one of the best, -- mr. diamond: he is one of the best, full stop. better question is what is the role of one of the larger banks in the u.k.? stephanie: that was bob diamond, former ceo of barclays who says, does he miss being at a big bank? no way. he's never going back. im in beverly hills at the milken institute global conference. i'm going to be talking to them in pickens. you do not want to miss that. -- i am going to be talking to t. boone pickens. you do not want to miss that. ♪ stephanie: when we return to this very special edition of "market makers," this man is bullish on oil. we will be speaking to him in a moment. and the prime minister of japan and president obama will have a news conference at you can watch live on bloomberg television. ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. stephanie: welcome to "market makers." i am stephanie ruhle. i am that the milken conference in beverly hills. european markets are closing. for where they ended up, i'm going to send you