About this episode
New peaks… the Dow and the Nasdaq hit fresh record highs but the rally fades in Asia, with investors waiting on further developments in U.S.-China trade talks. We hear from Société Générale CEO Frédéric Oudéa who remains bullish about the French bank’s outlook despite missing Q3 profit expectations. In Japan, Softbank Group eyes its first quarterly loss in 14 years following its bailout of corporate real estate start-up WeWork last month. CNBC speaks exclusively to JP Morgan CEO Jamie Dimon who says he’s learned the lessons from WeWork’s multi-billion dollar rescue package and its failed IPO. We are also live at Web Summit in Lisbon where Sky CEO Jeremy Darroch tells this channel that ‘subscription fatigue’ is setting in as competition ramps up in the streaming industry. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .