Bumper HSBC Results & Job Cuts At Morgan Stanley

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) HSBC announces a $2bn share buyback, special dividend and a tripling of pre-tax profits.

(2) Morgan Stanley prepares for thousands of job losses amid a slump in deal making.

(3) Janet Yellen warns the US Treasury may out of cash as soon as next month.

(4) Samsung bans employees from using AI tools like Chat GPT after staff uploaded sensitive data to the platform.

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