let's say what jes staley has to see whats shortly -- jes staley has to say for us shortly.e is not happy with his topline growth. he has domiciled the bank. what stands out for you? annmarie: he sounded more upbeat in the interview. in his earnings, he did describe this last quarter as challenging . net income fell, manus, and did expectations, falling four point 6%. on top of that, you were able to ask about this cloud that surrounds them in terms of the result, the allegations that his operations were used to launder money. nejra: thank you so much. bloomberg's finance and investing manager and annmarie hordern with our stocks to watch. next, we speak exclusively to of barclays.he ceo he joins us after 7:00 this morning london time. love to discuss. -- lots to discuss. tune in to bloomberg radio as in the dab digital radio london area. this is bloomberg. ♪ >> good morning from dubai. this is "bloomberg daybreak: europe." nejra: i am nejra cehic, live from the city of london. these are today's top stories. manus: is the selling over or just a cause -- pause? asian stocks i

you spoke to him, let's hear what jess staley -- jes staley had to say.es: you have gained market arounds four courtesan now, which demonstrates the return on the investment we have made in that business. barclays u.k. had a great quarter, positive jobs, positive earnings some 2 billion town -- pounds pretax. equity in barclays was over 18%. this was also the third quarter in a row barclays as a group generated a double-digit return on tangible equity. annemarie: jes staley earlier. he did say he expects more volatility in the fourth quarter. anna: let's get to joe on tesla. joe: talks between blackrock and tesla to acquire a minority stake have cooled. it is unclear whether talks will resume, but it is negative the talks aren't going forward. blackrock declined to do comment -- to comment, but it should be taken as a negative this morning for shares. anna: another banking stock to focus on this morning. >> the ceo's comments said it all. he is not satisfied with revenue in the third quarter and most of that is because of weak income from trading in the p

jeff staley says their strategy is working do you think that simplification strategy does seem to be working for the long-term? >> i think barclays is working out. the balance sheet is also very good, which is what i care about. on the credit side, they are reviving the ib. they made a bet on reviving that investment bank. there are signs in this earnings report that it is working. the daily moves of bank stocks today are dominated by neighborhood type of issues, in the case of uk banks, brek new news, and with the eurozone banks it's about italy the earnings per se are not going to have much of a weight in terms of the shortened direction of stocks or credit spreads. it's about those broader macro stories that are impacting the sector the sector is a very good proxy for expressing a bearish view on eurozone stablilitstability. >> jeff staley mentioned brexit was a concern that the bank had to shrug off or get past is that a conveni reason peoplen point to poor performance or are we seeing meaningful impact on these banks in the uk and from outside the uk with what may or may not hap

listening to jes staley, he seemed the least embattled. i have heard him on conference year.for the past getting a bump in the stock, he has got to be feeling good about that. i don't think that has happened the last few quarters. shares,oks at his compared to goldman sachs, you don't get the same level of scrutiny. it looks like they are trading in fairly similar range. >> come there in contrast. >> you can't get more different. we see it shrink. some of the numbers are extraordinary. 2010,west revenue since 1/10 of what it was in 2007. chasing downramson they would have harder time making a case. >> thank you very much. keith campbell on the european banking story. >> we have had quite the selloff. the nasdaq down one and a half percent, down 1.1%. at&t contributing, down 6% after earnings. bloomberg,ver to erik schatzker. mark, thee with global head of a share. good to see you. with the markets as a back drop, let me ask you. there is no shortage of would be cassandra's warning about what a going to happen to etf's in market selloff. wh

out today staley, richburg, person, breida, garcon, trent taylor, pettis and kittle. >> yikes, that's list. that's how kyle shanahan began yesterday's news conference. the niners will try to move past a third straight loss and win on lambeau field, which is a very, very tough stage. >> monday night football. we'll be right back. do you hear that? no. it's quiet. too quiet. xfinity home cameras. xfinity home gives you an extra pair of eyes to help watch over your family. plus, you have added peace of mind from 24/7 professional monitoring. xfinity home. simple. easy. awesome. xfinity customers, add xfinity home and get a great offer. plus, ask how to get free installation. call, go online, or demo in an xfinity store today. being >>> well, it is called light up the night. victims of domestic violence being remembered in the south bay this evening. the event held is put on by next door solution, a nonprofit that aims to raise awareness about domestic violence. tonight there was a special candlelight ceremony remembering those who died this past year. our own damian trujillo was the emce

you will see a third candidate, libertarian kelly staley as you can hear the interview on the website. >> early voting is already underway in the some parts of the state. some started yesterday. shawnee starts monday. is tuesday,tion day november 6. polls will be open 7:00 a.m. until 7:00 p.m.. you can find full coverage at wibw.com. had a wide range conversation tonight. you can see all of that on wibw.com. thank you to the steve watkins and paul davis campaigns and for being in her studio and on you for watching. thank you, have a good night. ♪ >> 13 days before the election, president trump has several rallies planned this week on behalf of republican candidates. --ay, he is and was cousin he is in wisconsin. 7:30 p.m.ve at eastern on c-span3 and you can watch online at c-span.org or listen on the radio app. as your primary source for campaign 2018, we will have more live debates started with bob menendez facing his opponent in race oney's u.s. senate c-span. at the same time on c-span2, the second and final debate between schuette and mrs. witmer. >> book tv is live all weekend fr

. >> jes staley has a case to fend off an activist investor. the securities unit saw commodities income outperform peers. >> we are pleased with the third quarter. this is the second clean quarter for the bank. profits were up some 40%. we generated earnings over one billion pounds clean. that is a demonstration that the strategy is well on course. >> we've been talking about the banks. deutsche bank shares have slumped after the lowest third-quarter revenue since 2010. the bank also predicted a slight decline for the full year. the chief executive said the focus has to be on growing the top line. >> he said you are on track for a profit in 2018. how much money do you think you are going to make? as christian says, we've been profitable in the first nine months. with been working toward a profitable year. we've been working toward the near-term targets. i think the third-quarter results demonstrate our progress towards those goals. a punishing stretch for market continues today with technology stocks leading major indices lower again. gains tha

out today, staley, britt a, garcon, taylor. >>> tight end george at this time willpracticing. seven offensive players unable to go in today's practice. the lone good news. wide receiver marquise goodwin. >> he's full go today. that makes the chances much better. he has no setbacks today. we're excited about that. >> he had a deep thigh bruise against minnesota in week one. he struggled to get healthy and played sparingly since. for you who never had that injury, he explains it like this. >> imagine you're walking down the street, pedestrian and you got the walk signal. but a car just came and rammed you in the leg. you got to recover from it. >> that was what he compared the pain to. then with his dry wit and full effect, facetiously explained how his leg improved recently. >> actually cut my leg off and put a metal one on. i had to get my leg drained. it's moving faster now. >> the niners trying to move past a third straight loss, they suffered this past sunday. next up, monday night football in green bay against aaron rodgers and the packers. injury riddled and short-handed,

three starting offensive linemen, joe staley questionable. that's actually pretty good news. the raiders look like they were going to drop to 0-4 after carlos hyde picked up the first down that would have iced the game. i was so sure the raiders lost. i tweeted it. raiders are going to be 0-4. but they changed the spot, the browns punted, and the raiders came back to win. jon gruden's first win since 2008. so he had no complaint with the officiating. >> the calls will go against us that i don't like. [ laughter ] you know, the calls that do, i do. >> it was a good call. [ laughter ] >> the cleveland police, it meant they did not agree, tweeting, "robbery warrant issued for tonight's game, nfl official." okay, we can't do that. just saying, but it is the game that they mentioned. after the first three weeks a couple of heartbreaks and losses, the raiders will take it. >> absolutely. they seem pretty happy. >> a reserved martini for him. >>> coming up in our next half hour, another scare for bart passengers. a man spotted with a machete. we talked to the woman behind this photo

staley on steam said it is a discussion because the two candidates will be addressing a moderator, more than each other. >>> police discovered an unfinished, underground tunnel connecting the united states and mexico. the tunnel entrance was found by mexican authorities he was investigators were later brought in to assist in the investigation. the tunnel rent 627 feet, connecting mexico and california. about 40 miles east of san diego. agent found a water pump, and a real system inside. the tunnel did not have a completed exit. >>> coming up, posters -- anti- somatic posters showing up at the response from administrators to new messages of hate. >>> well what the markets go the worst of follow-on monthly amount. why a new economic report released this morning may calm investor fears. >>> it is obvious everyone has jobs. these commutes happened full the last summer months. today it is full highway for coming up and over the hill -- >>> ocos are around but another nice day and tempers on the cool side but they are set to warm up. we will talk about when coming up. if yyou need to stay dow