alexander stubb, the former finance minister of finland. organic revenue growth. really not all that good. you need to stay with us. richard clarida on my favorite ben bernanke chart. we will do that in a bit with ed morse. there is the ed morse tower just to the left. ♪ francine: this is "bloomberg surveillance." we are live incirlik and london. actually, london and new york. weston, jonathan ferro, and alix steel are up next. david: good to see you over in zÜrich. we will have earnings out with mark fields. yourll have more of fascinating interview with the credit suisse ceo. it is a big bank week. we will we joined by alan greenspan. ." all on "bloomberg tom: the foreign exchange report. ,all street, new york time thursday evening, friday morning for most of the world, including tokyo. it will be amazing to see where maybetatistic is in 12, 15 hours. the dollar is a little weaker after the yellen fomc event. with us righta now. along with edward morse. we whipped up the bernanke chart. this is a nice set up. this is the idea of the 2

three hours after her cousin cecilia stubbs was murdered in front of her own lexington park home. the pain is fresh. >> i mean, she was a sweet person. she wouldn't hurt nobody. she would do what she can for anyone. a sweet; loving person. >> someone brings card and balloons for the grieving family to ease the sudden unexpected heartache of a violent death. >> why would someone do something this bad to someone so loveable. >> she had come out of her car to go to work as a care-giver when she was attacked. the man pulled her from the car, slitting her throat, stabbing her multiple times and driving away in the victim's car. the suspect 51-year-old patrick bush the life long friend of stubs with a long criminal history. bush sending a taunting text about the murder to stubbs' brother before being captured. >> this is no joke. >> patrick bush behind bars tonight. in lexington park, brad bell, abc7 news. michelle: we have new information on the ice cream truck drive shot last night in edmonston, maryland. the victim shot nine times by gunman who wanted to rob him. friends of the victi

richard stubbs was one of them, even though he's lived abroad himself -- in germany and australia. but he feels his community has been neglected and his country is deeply divided. >> the wealth is so disproportionate these days between people at the bottom and people at the top, and the gap is just furthering apart. and it feels like the eu is part of that problem. >> sajid hashmi's office is located at the foot of hope street, in an old potter's workshop. his charity, which provides support for volunteer and community groups, is funded by the eu. he no longer receives any money from london. hashmi says services all over stoke-on-trent have been slashed. >> a lot of the jobs were in the public sector: with the nhs, with the local authority, with the councils, with the police, fire [department] and so on -- and all of those have had cuts. and because all of those have had cuts, people who had jobs in those areas have all gone. and that's what makes it very, very difficult to comprehend -- that they've lost their jobs because of austerity and that austerity was imposed on stoke-on-tr

stubbs' friends and family are in shock. >> she was a sweet person. she would do whatever she could for anyone. person.a sweet, lovable leon: bush has a long criminal history. after a break for the holiday weekend, safe track phase three is now underway tonight. this will bring track closures and changes, mostly impacting alexandria and reagan national airport. tom roussey has what we need to know about the morning commute. you think? tom: it's going to be rough for some people. about an hour ago, this train rolled into the station from the north. it has been here ever since because trains are not taking passengers any further south. this train over here, a lot of folks just got on, it is going north. through monday, that is the only direction that you can go for national airport. after evening rush-hour come a few minutes past 8:00, the last blue and yellow line train of the week to continue south past reagan airport to drop passengers off. >> it will be brutal. use commuters are normally the braddock road station still are not sure what the best opt

liz: just moments away from fbi director stubbs six testifying.d to give an opening statement. the fbi released a detailed memo of the evidence supporting the decision not to recommend charges or be brought against hillary clinton. do you think that the doj should basically make a totally transparent? >> we should see as much as possible. none of this was in front of a grand jury. all of this should be released. for better or worse, if they care for the political process and they should have as much information to decide. liz: let's go right to the hearing. >> my grandfather was a career fbi agent. i am here because we are mystified and can use by the fact pattern that you've laid out and the conclusions that you've reached. it seems that there are two standard and there is no consequence for these types of that dignity is dealing in a careless way with classified information. it seems to a lot of us thath average joe, the average american, that if they had done what you've laid out in yours they made, that they would be in handcuffs and they migh

richard stubbs was one of them, even though he's lived abroad himself -- in germany and australia.t he feels his community has been neglected and his country is deeply divided. >> the wealth is so disproportionate these days between people at the bottom and people at the top, and the gap is just furthering apart. anand it feels like e the eu ist of thahat problem. >> sajid hashmi's office is located at the foot of hope street, in an old potter's workshop. his charity, which provides support for volunteer and community groups, is funded by the eu. he no longer receives any money from london. hashmi says services all over stoke-on-trent have been slashed. >> a lot of the jobs were in the public sector: with the nhs, with the local authority, with the councils, with the police, fire [department] and so on -- and all of those have had cuts. and because all of those have had cuts, people who had jobs in those areas have all gone. and that's what makes it very, very difficult to comprehend -- that they've lost their jobs because of austerity and that austerity was imposed on stoke-on-tre

manus: let's bring in david stubbs from j.p. morgan asset management.lreadytion undergone this. net income in american banks is expected to drop in five out of six by 18%. the first quarter was about cost-cutting and the second quarter is about revenue demolition. it is a tough time to be a bank anywhere, isn't it? >> absolutely. interest rates are low. curves are flat. you have to look elsewhere to generate revenue. one thing i like with some of the biggest banks in the u.s., including us, but also wells fargo, the core growth rate has accelerated. manus: there has been a huge uplift in that, hasn't there? >> exactly. yes, you might have a few good months surrounding the brexit, but the future of the banks will be about cost control. i can tell you this is the ongoing focus inside major banks, including us. l, briefly, where does this leave europeans then? >> they are in a their different shape than u.s. banks. so, i think people are looking for some very different things. e,utsche bank and credit suiss these are banks that have gone through structurin

. >> good morning jelena stubb i think you knew all for your hard work and civic service. the men and women of the operating in the san francisco have serious concerns about this office. we don't see the need for another layer of government but equally a citywide position that is essentially a shadow executive branch. we believe district supervisors those position to advocate for their constituents. in addition, it's very disturbing that the olse be under the purview of the new elected citywide office. the potential for the polarized nation worker rights protections is unacceptable and i'm sad [inaudible] men and women of san francisco building trades. san francisco building trades lobbied for the creation of this office many years ago. the three directors today have all come from our ranks and we do not see the need for any changes in that and that pattern should contingent i appreciate your to serious consideration about these things. thank you >> thank you very much. next speaker, please. >> hello supervisor mike and sean mcgarry. i'm a resident and homeowner in distric

. >> good morning jelena stubb i think you knew all for your hard work and civic service. the men and women of the operating in the san francisco have serious concerns about this office. we don't see the need for another layer of government but equally a citywide position that is essentially a shadow executive branch. we believe district supervisors those position to advocate for their constituents. in addition, it's very disturbing that the olse be under the purview of the new elected citywide office. the potential for the polarized nation worker rights protections is unacceptable and i'm sad [inaudible] men and women of san francisco building trades. san francisco building trades lobbied for the creation of this office many years ago. the three directors today have all come from our ranks and we do not see the need for any changes in that and that pattern should contingent i appreciate your to serious consideration about these things. thank you >> thank you very much. next speaker, please. >> hello supervisor mike and sean mcgarry. i'm a resident and homeowner in distric

. >> good morning jelena stubb i think you knew all for your hard work and civic service. the men and women of the operating in the san francisco have serious concerns about this office. we don't see the need for another layer of government but equally a citywide position that is essentially a shadow executive branch. we believe district supervisors those position to advocate for their constituents. in addition, it's very disturbing that the olse be under the purview of the new elected citywide office. the potential for the polarized nation worker rights protections is unacceptable and i'm sad [inaudible] men and women of san francisco building trades. san francisco building trades lobbied for the creation of this office many years ago. the three directors today have all come from our ranks and we do not see the need for any changes in that and that pattern should contingent i appreciate your to serious consideration about these things. thank you >> thank you very much. next speaker, please. >> hello supervisor mike and sean mcgarry. i'm a resident and homeowner in distric