SQUAWK BOX, TUESDAY 22ND OCTOBER, 2019

Brexit block… House of Commons Speaker John Bercow denies Prime Minister Boris Johnson a straight yes or no meaningful vote on the Brexit deal he secured last week, saying that debating the motion would be ‘disruptive’. MPs will today debate the Withdrawal Bill being published by the government. In corporate news, Swiss lender UBS beats Q3 expectations on the bottom line but CEO Sergio Ermotti tells this channel that challenges persist for investment banking and wealth management. In the U.S., the S&P 500 falls short of its all-time high by just 1 per cent off the back of trade optimism and earnings. We also hear from Russia’s finance minister, Anton Siluanov, who tells CNBC that his country is not seeking to capitalise from damaged relations between Washington and Beijing. And in M&A news, this channel learns that Softbank is in talks to buy WeWork, valuing the workspace logistics provider at $7.5BN-8BN.