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(1039)

Dollar Pain Hits Investors, Tariff Supply Shock, Defense Takeover Targets

Dollar Pain Hits Investors, Tariff Supply Shock, Defense Takeover Targets

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Foreign investors who bought US stocks and dollars are facing significant losses due to the decline in the...

28 Apr 202518min

Daybreak Weekend: Tech Earnings, UK Elections, China PMI Preview

Daybreak Weekend: Tech Earnings, UK Elections, China PMI Preview

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the April jobs report and big tech earnings. In the UK ...

25 Apr 202538min

 Reeves UK Tariff Bind, China Rethinks US Levies, Prime Property Clash

Reeves UK Tariff Bind, China Rethinks US Levies, Prime Property Clash

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Donald Trump’s tariffs and a barrage of rising domestic bills sent UK household confidence to its lowest lev...

25 Apr 202516min

'Nonsensical' Trade War, Possible China Relief, Billionaire’s Tariff Pain

'Nonsensical' Trade War, Possible China Relief, Billionaire’s Tariff Pain

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald...

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 Trump: Not Firing Powell, Recession Fear, Musk’s Tesla Focus

Trump: Not Firing Powell, Recession Fear, Musk’s Tesla Focus

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his fr...

23 Apr 202516min

Trump Targets Powell, Traders Dump US Assets, $2 Trillion Tariff Hit

Trump Targets Powell, Traders Dump US Assets, $2 Trillion Tariff Hit

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately re...

22 Apr 202516min

Daybreak Weekend: Tesla Results, Europe Earnings, China Tariff Reaction

Daybreak Weekend: Tesla Results, Europe Earnings, China Tariff Reaction

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to home sales data and Tesla earnings. In the UK – a look ...

18 Apr 202539min

$800 Billion China Risk, Powell Holds Line, No Rush to Russia

$800 Billion China Risk, Powell Holds Line, No Rush to Russia

(1) US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc....

17 Apr 202519min

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