Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts,

or wherever you get your podcasts.

Broadcasting live to New York to New York, Bloomberg 1130, to Washington DC,

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This is Bloomberg surveillance. Good morning, 730. the Credit Suisse plans to eliminate an additional 2,000 jobs this year deep

in cuts at the Investment Bank. Chief Executive Officer Tijon Teriam telling

our friend Francine Lacrope that he is overhauling the Swiss lender to focus on wealth

management. The shares jumping up by 1.7% right now.

SunTrust Banks, Georgia's largest lender, a big regional bank says its wholesale banking

business, though, will hire people, 200 over the next four years seeking to increase merger

and acquisition services. SunTrust not trading yet yesterday closed at 3694.

Saudi Arabia Stock Exchange starting to ask banks to bid for a role advising it on initial

public offering for 2018, according to three people with knowledge of the matter

and some of the biggest shareholders of Deutsch Abors cautioning management not to

overpay for the London Stock Exchange if a counteroffer emerges.

People familiar with the matter say intercontinental exchange contemplating

a bid for the LSC last week agreed to an all share transaction valued at 12.6 billion dollars.

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