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(1105)

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

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

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

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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

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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

Daybreak Weekend: Nvidia Preview, Germany’s Economy, Japan’s Next Leader

Daybreak Weekend: Nvidia Preview, Germany’s Economy, Japan’s Next Leader

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 U.S GDP and Core PCE data, and Nvidia earnings. In the UK ...

24 Aug 202438min

Harris 'President For All Americans' Speech, Ueda Plans & Mike Lynch Confirmed Dead

Harris 'President For All Americans' Speech, Ueda Plans & Mike Lynch Confirmed Dead

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Vice President Kamala Harris formally accepted the Democratic presidential nomination on Thursday, deliver...

23 Aug 202417min

Some Banks Got Jobs Data First & Russia's ‘Junk’ Shadow Fleet

Some Banks Got Jobs Data First & Russia's ‘Junk’ Shadow Fleet

Your morning briefing, the business news you need in just 15 minutes.   On today’s podcast:  (1)  At least three banks managed to obtain key payroll numbers Wednesday while the rest of Wall Street was...

22 Aug 202416min

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