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world stage Independent • Hillary Clinton struggles to explain why she accepted $675,000 from Wall Street bankers Independent • Rubio criticizes Obama mosque speech for implying 'US discriminates against Muslims' Guardian • Is stagnation the 'new normal' for the world economy? Guardian • First C
basic resources are leading the way. One of yesterday's laggards the banks rebound and outperform despite mixed results. ING (+10%), DNB (+2%) and SEB Enskilda (+7%) produce strong O4 results with Credit Suisse (-11%) posting large impairments and a O4 loss in what feels like a kitchen sinking exercise. Aut
underperformed with the Nikkei grinding to close at the lows. Some pointing to disappointment over the lack of a high-level agreement on TPP at the Obama/Abe press conference as well as de-risking ahead of tomorrow's Tokyo CPI numbers as reasons for the weakness. Australia and New Zealand were modestl
PHOR RU (buy), Mediobanca upgrades MSK IM, Berenberg upgrades TKA AV ••• HSBC downgrades RRS LN/HOC LN & upgrades ABG LN, MS downgrades UMI BB ••• SEB Enskilda upgrades TLSN SS and UNR1V FH (buy) & cuts TRELB SS, Numis cuts BHY LN Reporting Pre-Open: ABC, AET, ALXN, BMS, BTU, CAM, CAT, CCE, CELG, CMS, COG,
STLY, TXN, WHG, CZNC, HBAN, MOFG, HOMB Equity/Mixed Shelfs: N/A Other Newspaper Articles & Stories WSJ positive: Bank of America (BAC) WSJ • For Obama, a Standoff With Moscow WSJ • Big Banks Ramp Up Business Lending WSJ • Tech-Stock Drop Hits Startups WSJ • GOP Fall Strategy: Slam Health Law W
& downgrades AKE FP • Equinet upgrades TUI GR (buy), HSBC downgrades DEB LN/TFG SJ/GARAN TI/YKBNK TI ▪ MS upgrades ASC LN & initiates GTT FP (ow), SEB Enskilda upgrades ELUX.B SS (buy) Reporting Pre-Open: ADS, AN, BAX, BBT, BLK, CMG, DD, DHR, DOV, FITB, GE, GS, HON, KEY, MAT, MS, PEP, PM, PPG, SHW, SLB, UN
Entities connected to both Barack Obama and SEB Enskilda

Bloomberg L.P.
ORGANIZATION
Ghislaine Maxwell
PERSONEmmy Taylor
PERSON
Lesley Groff
PERSONIke Groff
PERSONNomura
ORGANIZATIONJefferies
ORGANIZATIONBarcap
ORGANIZATIONKepler
PERSONMacquarie
ORGANIZATIONStifel
ORGANIZATIONBerenberg
ORGANIZATIONNordea
ORGANIZATIONBloomberg Consumer Comfort
ORGANIZATIONEurope Key Research
ORGANIZATIONMediobanca
ORGANIZATIONARCAD NA
ORGANIZATIONMetso
ORGANIZATION