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Europe Day Ahead: Culture change at Barclays

Monday, February 11, 2013 - 01:59

Feb. 11 - CEO Antony Jenkins will stamp his ethics on the bank as it struggles to regain its reputation in the wake of the Libor scandal. President Obama delivers his State of the Union address to Congress.

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Islamic the -- -- political and financial events -- new CEO Antony Jenkins unveils his strategic plan for the bank. He's expected to count thousands more jobs and streamline the bank to improve margins. Expect more to his attempts to restore the bank's reputation. Often -- scandal. Germany's biggest steelmaker ThyssenKrupp reporting fiscal Q1 numbers. Invests his will be keen for updates on the planned -- of steel America. A -- take over this cost the company billions and may also be used on the company's German steel units including a possible spin off. Or flotation. ECB chief marriage -- travels to Madrid to discuss the bond buying program that has helped Louis Spanish borrowing costs. It's a closed session with parliamentarians but if you're interested one man about that about phone. Will be tweeting from the session just go to at a -- on hash tag open dragging. President Obama gives his annual State of the Union Address to congress politicians hoping for a bipartisan approach on tackling the budget deficits. And lifting the debt ceiling White House officials say -- also bets on more investment in infrastructure. Manufacturing. And clean energy -- strategists tell Reuters that looking for any become. Some growth. Anything that kind of is pleased to tangible improvement in US growth. Then the -- market locked up there while the dollar on the back about the same course is the idea that we are gonna get some compromise on the fiscal side. We're not going to have a big problem around this these spending cuts again if we can hear -- doubt be a dollar bullish angle. -- slack economy could ease pressure on inflation figures are likely to show prices fell in January. Thanks to heavy discounting taking out this as a whole. -- expected figure of two point 8% for the year we'll still be two -- for the governments like. I thought it had to choose them -- problems.

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Europe Day Ahead: Culture change at Barclays

Monday, February 11, 2013 - 01:59

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