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(1044)

Global Markets Tumble, Nvidia DOJ Subpoena & Banking's Multi-Trillion-Dollar Weak Spot

Global Markets Tumble, Nvidia DOJ Subpoena & Banking's Multi-Trillion-Dollar Weak Spot

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UK Halts Some Israel Arms Exports, London’s Slow Return To Office & Cathay Flights Grounded

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK will suspend some arms licenses to Israel after concluding the use of British components in Gaza risk...

3 Sep 202417min

Far-Right Germany Vote Win, Israel Nationwide Strike & $135M America's Cup Bet

Far-Right Germany Vote Win, Israel Nationwide Strike & $135M America's Cup Bet

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor Olaf Scholz’s ruling coalition was punished in two regional elections in eastern Germany on Sunda...

2 Sep 202416min

Daybreak Weekend: US Jobs, UK Parliament Challenges, Taiwan SEMICON

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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 preview of the August jobs report in the U.S, and earnings from Hewle...

31 Aug 202439min

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Harris First Interview, China Weighs $5.4 Trillion Move & UK Delays Bank Reform

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Vice President Kamala Harris said helping address economic woes and bolstering the middle class would be he...

30 Aug 202416min

Nvidia Tumbles After Forecast, Telegram CEO Charged & Tax Hikes For The Rich

Nvidia Tumbles After Forecast, Telegram CEO Charged & Tax Hikes For The Rich

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1)Nvidia Corp. failed to live up to investor hopes with its latest results on Wednesday, delivering an underwhe...

29 Aug 202419min

HSBC May Cut Managers, China Economic Dissent & Burberry's FTSE Future

HSBC May Cut Managers, China Economic Dissent & Burberry's FTSE Future

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) HSBC's incoming Chief Executive Officer Georges Elhedery is considering plans that could remove layers of mi...

28 Aug 202417min

BHP China Recovery Warning, Apple CFO Change & Middle East Calm

BHP China Recovery Warning, Apple CFO Change & Middle East Calm

(1)  BHP the world's biggest miner, posted a full-year profit broadly in line with expectations, as revenue from iron ore and copper increased despite a deteriorating Chinese demand outlook.(2) Pavel ...

27 Aug 202417min

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