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(1051)

Instant Reaction: Will the Fed Cut Quicker After This Selloff?

Instant Reaction: Will the Fed Cut Quicker After This Selloff?

Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reactio...

5 Aug 20246min

Asia Market Meltdown, Israel Braces for Attack & Riots Flare Across Britain

Asia Market Meltdown, Israel Braces for Attack & Riots Flare Across Britain

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A global stocks selloff deepened on Monday as concerns grew that the Federal Reserve is behind the curve wi...

5 Aug 202419min

Daybreak Weekend: Disney Earnings, Reeves to US, China Trade

Daybreak Weekend: Disney Earnings, Reeves to US, China Trade

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 quarterly earnings from Walt Disney. Also a look at earnin...

3 Aug 202440min

Central Banks Diverge, Tech Sells Off, and Evan Gershkovich Freed

Central Banks Diverge, Tech Sells Off, and Evan Gershkovich Freed

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A rally in Treasuries extended into a seventh straight day, as traders fixated on upcoming jobs data to ceme...

2 Aug 202418min

Rate Cut Excitement, London Protest Arrests & Trump Questions Harris’ Black Identity

Rate Cut Excitement, London Protest Arrests & Trump Questions Harris’ Black Identity

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell signalled central bank officials are on course to cut interest rates in ...

1 Aug 202416min

Hamas Leader 'Killed' in Iran, BOJ  Rate Hike & Reeves Confirms Tax Hikes

Hamas Leader 'Killed' in Iran, BOJ Rate Hike & Reeves Confirms Tax Hikes

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Hamas said its political leader, Ismail Haniyeh, was killed in an airstrike in Tehran that it blamed on Isr...

31 Jul 202415min

Chancellor Hints At Tax Hikes, StanChart Buyback & Trump to 'Probably' Debate

Chancellor Hints At Tax Hikes, StanChart Buyback & Trump to 'Probably' Debate

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Chancellor of the Exchequer Rachel Reeves made one thing clear in her audit of UK public spending on Monday...

30 Jul 202416min

Israel Hits Hezbollah, Harris Raises $200M & Apple Delays AI Upgrades

Israel Hits Hezbollah, Harris Raises $200M & Apple Delays AI Upgrades

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel attacked Hezbollah targets on Sunday and threatened further retaliation for a rocket strike that ki...

29 Jul 202416min

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