sberbank hiring trump's russia lawyer. there's all of these russian banks getting strange new starring roles in american politics. there's another one, alfa bank, veb bank, sberbank and another one called vtb bank. it's a very large russian bank not as big as veb bank but it is very big. vtb pabank is sanctioned by the u.s. government as punishment for crimea because this bank is seen as the russian government. it's an arm of the russian government and that's how the u.s. government views them. in fact if you go to vtb's website tonight, click on about vtb and they'll tell you in exact mathematical terms how they're controlled by the russian government. the russian government owns and controls 60.9% of the vtb bank. the majority shareholder of the vtb bank is the russian government. what that means in plain english is that putin runs vtb. putin controls the bank and what it does and what it spends on. and today we learned that up until last year, up until the middle of the presidential campaign, vtb bank was lined up and c

maybe the sberbank thing was a coinciden coincidence. maybe it has nothing to do with donald trump and whether or not he has an illicit relationship financial or otherwises with russia which explains why russia tried to hack or election and rig it in his behalf. maybe none of those bank connections, alfa bank, veb bank, sberbank, maybe none of them have anything to do with the russian involvement to disrupt or election. y if you want to talk about donald trump, until today the only so spirks banking relationship we've known about him recently isn't with any russian bank, it's with deutsche bank. deutsche bank is the bank that donald trump owes hundreds of millions of dollars to. deutsche bank is the bank that departme dealt with donald trump for years when no other banks would. deutsche bank continued to lend president trump hundreds of millions of dollars for deals even when he was unable to pay them walk on early loans, and he went so far as to file lawsuits against deutsche bank because she failed to pay them back. there are aspects o

i will give you the quick line on sberbank. we've seen headlines come in across the bloomberg terminal. matt? matt: 8.3 billion rubles. i have a chart that you want to check out. the reason i'm showing you this is, we are not seeing a lot of direction in the equity markets. we are waiting for mario draghi. this is the ecb's balance sheet. g #btv 2029. it breaks down all of the assets the ecb is holding. this is a chart you want to make note of. this picture could change. we're hoping to get some detail from mario draghi on the possible change. for is what we're waiting to see some direction on the markets. manus: we are indeed. european equity markets opening lower. services pmi from france. for services pmi, 55.5. the survey was 55.8. you are seeing a lower suite on the services. manufacturing 55.8, that is a beat on the survey 55.5. you are seeing this suite of data come through ahead of jackson hole. we are waiting for mr. draghi to speak. let me jump into the u.k. market. nejra is standing by. we are waiting for wbt to actu