UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

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.

Episoder(1040)

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A 6% Bank of England policy rate would lead to a 2% drop in UK GDP, according to Bloomberg Economics. (2) A...

20 Jun 202316min

Blinken In China & 'Massive Downsizing' At Credit Suisse

Blinken In China & 'Massive Downsizing' At Credit Suisse

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Blinken becomes the most senior US official to visit China in five years. (2) The FCA is said to restrict ...

19 Jun 202317min

Bloomberg Daybreak Weekend: Fed, BOE, Modi and Biden

Bloomberg Daybreak Weekend: Fed, BOE, Modi and Biden

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 Fed Chair Jay Powell heads to Capitol Hill, plus, key hearings comi...

17 Jun 202334min

An Interview With The UK's Deputy PM & Deutsche Bank Trading Revenue Drops

An Interview With The UK's Deputy PM & Deutsche Bank Trading Revenue Drops

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK's Deputy Prime Minister tells us the government won't be distracted by Johnson. (2) The European Ce...

16 Jun 202317min

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's central bank ramps up rate cuts as the economy weakens. (2) Jerome Powell says there is near consen...

15 Jun 202316min

UPDATE: UK GDP Goes Back To The Future & Bailey Warns Of Labor Hoarding

UPDATE: UK GDP Goes Back To The Future & Bailey Warns Of Labor Hoarding

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK GDP finally exceeds pre pandemic levels for the first time (2) The BOE Governor laments slowly cooling i...

14 Jun 202316min

The Fed Prepares For A Pause & Bailey Warns Of Labor Hoarding

The Fed Prepares For A Pause & Bailey Warns Of Labor Hoarding

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Fed prepares for a pause, but have rates also peaked. (2) The Bank of England Governor laments slowly c...

14 Jun 202317min

UPDATE: Wages Surge As Unemployment Drops & The CEO of SVB UK

UPDATE: Wages Surge As Unemployment Drops & The CEO of SVB UK

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Unemployment unexpectedly drops as wages surge, creating another headache for the BOE. (2) Silicon Valley B...

13 Jun 202316min

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