. >>> and nordea under allegations that they broke money laundering roles. we'll speak to the man behind the complaint in a few moments >>> good morning as ever, let's check in on how markets are doing. all the three u.s. majors closed up more than 2% higher in yesterday's trading, and positive sentiment in the asian session as well. the nikkei up 1.5% the hang seng slightly in the green. asian equities are very much trading in the green we have a similar dynamic playing out in europe. stoxx 600 up about 0.4%. let's talk about sectors we had plenty of earnings hitting the wires this morning apologies, let's look at the european individual indices. ftse 100 up 1.5% all eyes will be on how the discussions go at the eu simmitt. theresa may will be giving a speech this evening. and the broader picture for other equities is positive xetra dax teetering around the flat line. generally more green on the screens than in the last couple of sessions. switching to sectors, we have technology the main performing sector up 2.7% on the back of the strong netflix beat we h

what does the future hold for nordea in terms of consolidation?: we did an acquisition in norway, bought a smaller, more digital bank. our strategy is now very nordic focused. our strategy is to compete the transformation we are doing with systems,eplacing core becoming truly digital. consolidation is something one follows, but it's not on our agenda for the time being. it is all about focus and delivering on what we have promised and delivering on transforming the banks to become truly digital. that is all we are doing and we are confident we can deliver on that. consolidation is not really on the agenda for us at this point. manus: i want to get your perspective. the italian banks are very much loopcus and there's a doom between sovereigns and banks is back. how do you look at what is going on in italy and casper now that you are part of the family? is,t: i think the key here and of course it's a risk reduction. before we have risksharing, we need more risk reduction and we have two steps completed in the banking unit from a supervisory mechanis

casper von koskull, the ceo of nordea bank.oming up, we speak exclusively to the ceo of barclays, who joins us after 7:00 a.m. london time. and also, the deutsche bank ceo, we have got headlines coming through. some say he's doing everything possible to prevent a fourth-quarter across increase. also saying we need a strong and to the year. -- end to the year. do not miss our interview with james von moltke, the cfo of deutsche bank. you can see that at 11:30 this morning london time, manus. .anus: tliv has the numbers the word that our analysts at bloomberg intelligence were looking for was stability. the question is, having missed on ficc, having guided lower, will that be enough savings? he says there is a new spirit of discipline. what does that mean in terms of the costs? there are more job cuts to come. investment bankers had a decent third quarter. equity origination revenues surged 61% to 105 million euros, so that is still down 3% from the three months through to last year, but we are certainly listening. the cfo will j

nor nordea blamed tougher market conditions for a bigger than expected loss. though experienced pressure in the consumer banking business by said loan losses will be lower in the current quarter. >>> and handlelsbanken is set t slash jobs over the next four years as it accelerates digital banking. they narrowly beat fourth quarter expectations thanks to lower loan losses. if you have any views on the italian banking sector, the euro banking sector, get in touch on twitter, @streetsignscnbc. >>> coming up, we'll speak with norsk hydro's eivind kallevik. can be relentless. tremfya® is for adults with moderate to severe plaque psoriasis. with tremfya®, you can get clearer. and stay clearer. in fact, most patients who saw 90% clearer skin at 28 weeks stayed clearer through 48 weeks. tremfya® works better than humira® at providing clearer skin, and more patients were symptom free with tremfya®. tremfya® may lower your ability to fight infections and may increase your risk of infections. before treatment, your doctor should check you for infections and tuberculosis.

over the weekend who works there and he says this is as much about everybody else as it is about nordeahuge loss for sweden, a big gain for finland and it also does remind you that in the era of brexit and breaking up the the eu is a very strong block and it is good for banks and regulators. said ithe ceo of nordia will get us into the eu and help us compete. the big news. goldman sachs come a news. goldman sachs, a new ceo. david solomon. jason: what a day to be a ceo paired what a day to have your first day. davideft and right and david: solomon is like, here i am that this has been a very orderly transition. well organized. jason: we are starting to see on the margins, he is putting his own people in place, a lot more bankers, fewer traders at the top so the question will be does he continue to do that or does he make good going back to the storied you referenced about california putting women on board? good on his promises to make a more diverse goldman sachs? alix: based on his schedule the answer would be yesterday is going to california for the most powerful women's conference an

the number of eurozone banks deemed too big to fail growth from seven to eight with the arrival of nordeaey are moving from helsinki to stockholm, saying it's driven by regulatory consideration and to be inside the european banking union. it's introducing automated and digitized services to replace human beings. to really be able to have the same competitive conditions that our europeans have. playing field with the largest players in europe. we only get it if we are in the banking union. it's a natural step for us to take. traded 165 publicly companies without female directors will have to find more by the end of 2019 after a bill signed by jerry brown. it requires a company with five directors to have two female members by 2021. that's your bloomberg business flash. francine? francine: thanks so much. less than six months until the u.k. leaves the eu, theresa may at her checkers plan are coming under further attack. with mays conservative party gathering in birmingham, the former foreign secretary boris johnson called it deranged. speaking to bloomberg, greg clark defended the proposal.