Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Emmanuel Macron and Ursula von der Leyen meet China's Xi Jinping in potential rapprochement. 2) Cleveland Fed's Loretta Mester disagrees with Wall Street bets on where the central bank goes next, saying rates need to go "a bit" higher. 3) The Swiss government orders outstanding bonuses of top Credit Suisse executives to be cut or cancelled. See omnystudio.com/listener for privacy information....
Apr 06, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Donald Trump pleads not guilty as historic trial begins. 2) Sergio Ermotti returns as UBS CEO on AGM day with questions swirling over the creation of a new Swiss giant. 3) LMVH's Bernard Arnault's fortune tops $200 billion. 4) The UK's largest business lobby, the CBI, pulls events in wake of harassment allegations See omnystudio.com/listener for privacy information....
Apr 05, 2023•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Credit Suisse faces shareholders for its last AGM, its regulator now says it would have gone bankrupt (2) Donald Trump heads to court to face historic criminal charges. (3) The architect of the City of London's 'Big Bang', former Chancellor, Nigel Lawson dies. (4) The Confederation of British Industry faces growing claims of sexual misconduct. See omnystudio.com/listener for privacy information....
Apr 04, 2023•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The world's oil cartel OPEC+ makes a shock production cut of more than 1 million barrels a day. (2) Reports say UBS is set to cut up to 30% of its workforce after absorbing Credit Suisse. (3) Donald Trump prepares to face criminal charges in a Manhattan court. (4) Luxury London homebuyers want discounts, but sellers won’t budge on prices. See omnystudio.com/listener for privacy information....
Apr 03, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we’ll be tracking for you in the coming week including the March jobs report, President Biden's trip to Ireland, the changing of the guard at the Bank of Japan and the indictment of Donald Trump. See omnystudio.com/listener for privacy information.
Apr 01, 2023•36 min
Your morning briefing. The business news you need in just 15 minutes. On today's podcast: (1) Donald Trump has been indicted on charges related to a hush money payment to a porn star during his 2016 campaign. (2) Banks suck up less cash from the Fed's emergency backstop funds. (3) The UK is set join a trade pact with 11 Asia and Pacific nations, but it will only boost GDP by 0.08%. (4) Branson's Virgin Orbit satellite-launch business is permanently grounded. See omnystudio.com/listener for priva...
Mar 31, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) US considers forcing large lenders to pay billion of dollars to cover the cost of recent bank failures. (2) Barclays predicts a second wave of deposits will be pulled from banks. (3) The UK unveils new energy plans, but offers few carrots to compete with the US. (4) New York shares the top spot with London as the world's leading financial hub. See omnystudio.com/listener for privacy information....
Mar 30, 2023•18 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) UBS rehires Sergio Ermotti as CEO to oversee the Credit Suisse takeover. (2) US Financial officials outline plans for a raft of regulatory changes. (3) Markets are probing banks for weakness according to the BOE's Bailey. (4) Regulators believe a €5m Deutsche Bank trade triggered Friday's global rout. See omnystudio.com/listener for privacy information....
Mar 29, 2023•22 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) US Financial officials outline plans for a raft of regulatory changes. (2) Markets are probing banks for weakness according to the BOE's Bailey. (3) Regulators believe a €5m Deutsche Bank trade triggered Friday's global rout. (4) UBS has named Sergio Ermotti as its new CEO, replacing Ralph Hamers. See omnystudio.com/listener for privacy information....
Mar 29, 2023•18 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bailey suggests the BOE won't lift rates to pre 2008 levels. (2) UK and US lawmakers begin a review of what led to Silicon Valley Bank's collapse. (3) Israel's Netanyahu announces he's delaying a judicial overhaul to avoid 'civil war'. (4) US regulator accuses Binance and its CEO of 'sham' compliance. (5) All eight of the UK's three-star Michelin restaurants retain their top tier status. See omnystudio....
Mar 28, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chairman of Saudi National Bank resigns after comments to Bloomberg triggered the collapse of Credit Suisse. (2) Silicon Valley Bank's deposits and loans are sold to First Citizens. (3) LME Nickel returns to regular trading for the first time in more than a year. (4) Thousands protest in Israel after Benjamin Netanyahu fired his defense chief. See omnystudio.com/listener for privacy information....
Mar 27, 2023•22 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we’ll be tracking for you in the coming week including economic data on US inflation and economic growth, why inflation will also be back in focus in Europe, coming hearings on Capitol Hill about the banking industry, and a look at what’s happening with China Evergrande. See omnystudio.com/listener for privacy information.
Mar 25, 2023•35 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The BOE says the UK will avoid a recession and raises rates yet again (2) Credit Suisse and UBS face US scrutiny over Russian sanctions. (3) The CEO of Chinese-owned social network TikTok appears before congress. (4) Jack Dorsey sees half a billion dollars wiped off his net worth as Hindenburg Research drop a report on Block. See omnystudio.com/listener for privacy information....
Mar 24, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Federal Reserve opts for a 25 basis-point hike and bets on an end to the banking crisis. (2) Citigroup CEO Jane Fraser says the ability to move millions of dollars with a few clicks is a sea change moment for the banking sector. (3) The Bank of England gets set to hike rates as February's inflation data came in red hot. (4) Exclusive Bloomberg reporting finds some of the UK's biggest energy companies have re...
Mar 23, 2023•16 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) UK inflation hits 10.4%, Jamie Rush, our Chief Europe Economist has the details. (2) Jerome Powell gets set to unveil the Fed's next move after weeks of market turmoil. (3) Former BOE policymaker Danny Blanchflower shares his though on Central Banks. (4) The rescue of First Republic may need US government support. (5) Authorities freeze deferred bonuses for bankers at Credit Suisse. See omnystudio.com/listener f...
Mar 22, 2023•20 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Jerome Powell to unveil the Fed's next move on rates after weeks of market turmoil. (2) The rescue of First Republic may need US government support. (3) The Chancellor says UK Banks are "immensely stronger" than before 2008. (4) Authorities freeze deferred bonuses for bankers at Credit Suisse. See omnystudio.com/listener for privacy information....
Mar 22, 2023•24 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The US looks at ways to guarantee all bank deposits if crisis deepens. (2) Liquidity-hungry banks tap a key US backstop fund for more than $300 Billion. (3) UBS sees its prospects downgraded after the takeover of its troubled rival. (4) Credit Suisse bankers flood headhunters with calls as job cuts loom. (5) Bloomberg's Editor in Chief John Micklethwait shares his thoughts on recent market events. See omnystudio...
Mar 21, 2023•23 min
Your morning briefing. The news you need to start your day. On today's special edition podcast: (1) UBS shares take a hit on news of the government-backed Credit Suisse takeover. (2) Swiss banking tie-up expected to lead to thousands of job cuts. (3) A wipe-out of risky Credit Suisse bonds upends a $275 billion market. (4) The Federal Reserve and global central banks move to boost dollar funding. See omnystudio.com/listener for privacy information....
Mar 20, 2023•16 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Troubled lender Credit Suisse is sold to rival UBS for $3.2 billion. (2) Swiss banking tie-up expected to lead to thousands of job cuts. (3) A wipe-out of risky Credit Suisse bonds upends a $275 billion market. (4) Federal Reserve leads a move by global central banks to boost dollar liquidity. See omnystudio.com/listener for privacy information....
Mar 20, 2023•18 min
This week...a special edition of the show. It's been an historic week in financial markets...marked by crisis in the banking industry. The meltdown of Silicon Valley Bank spread across the sector...touching Signature Bank, First Republic...and eventually Credit Suisse. It's a story that played out right here on Bloomberg...in exclusive interviews that moved shares of Credit Suisse throughout the week. On this show...we usually look forward. But today, we're looking back...covering the timeline o...
Mar 18, 2023•35 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) First Republic gets $30 billion backing from eleven US banks. (2) Sources tell Bloomberg that Credit Suisse and UBS are opposed to a forced combination. (3) The ECB's Lagarde sticks to the planned 50 basis-point rate hike, but offers no forward guidance. (4) Half of the Fed's QT shrinkage reversed in a week by discount window usage. See omnystudio.com/listener for privacy information....
Mar 17, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. .On today's podcast: (1) Credit Suisse shares open sharply up after yesterday’s massive sell off (2) Saudi National Bank's Chairman tries to calm markets after saying he wouldn't raise Credit Suisse stage (3) Troubled lender taps up to $54 billion of central bank funding. (4) Traders pare bets on a half-point hike at today's European Central Bank meeting. See omnystudio.com/listener for privacy information....
Mar 16, 2023•23 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse taps up to $54 billion of central bank funding. (2) Financial stocks take a hammering as Credit Suisse shares plunge. (3) Traders slash bets on a half-point hike at today's ECB meeting. (4) Jeremy Hunt put economic growth at the heart of his first full UK budget. See omnystudio.com/listener for privacy information....
Mar 16, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chancellor gets set to announce a budget plan for business investment. (2) A US drone collides with a Russian fighter jet over the Black Sea. (3) HSBC cuts base pay for newly-promoted bankers as the UK prepares to scrap its bonus cap. (4) Apple bites down on bonuses as Meta sheds thousands more jobs. See omnystudio.com/listener for privacy information....
Mar 15, 2023•18 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse finds 'material' control lapses after SEC prompt (2) Two-year treasury's yields rebound after the biggest plunge in decades (3) Traders bet on a pivot after the first US bank failure since 2008 (4) New data shows UK wage growth slowing for the first time in more than a year See omnystudio.com/listener for privacy information....
Mar 14, 2023•27 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Two-year treasury yields see some rebound after the biggest plunge in decades. (2) Traders bet on a Federal Reserve pivot after the first US bank failures since 2008. (3) President Joe Biden makes a play for tougher banking regulations. See omnystudio.com/listener for privacy information.
Mar 14, 2023•17 min
(1) HSBC buys the UK division of Silicon Valley Bank for a nominal fee. (2) US authorities protect SVB deposits in a bid to avert contagion. (3) Sunak says that a plan to support UK tech businesses will be announced "very shortly" (4) Goldman scraps it's bet on a March rate hike because of "recent stress in the banking system." See omnystudio.com/listener for privacy information.
Mar 13, 2023•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we’ll be tracking for you in the coming week including a look at upcoming economic data, The UK Chancellor’s budget proposal, the first Republican primary in the US, and Foxconn’s bigger move into India. See omnystudio.com/listener for privacy information.
Mar 11, 2023•35 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Silicon Valley Bank's cash crunch sends financial stocks across the globe into a tailspin. (2) The UK economy grew far more strongly than forecast in January. (3) Rishi Sunak heads to Paris to meet Emmanuel Macron, as Franco-British relations improve. See omnystudio.com/listener for privacy information.
Mar 10, 2023•15 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Silicon Valley Bank's cash crunch sends financial stocks into a tail spin. (2) The UK government suspects British firms are being used to exploit the war in Ukraine (3) Sunak heads to Paris to meet with Macron as relations ease. See omnystudio.com/listener for privacy information.
Mar 10, 2023•17 min
