Wall Street's China Problem & UBS's $35B Credit Suisse Windfall

Wall Street's China Problem & UBS's $35B Credit Suisse Windfall

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:

(1) Wall Street's biggest banks face a harsh reality check in China
(2) Biden and McCarthy voice cautious optimism on a debt deal
(3) UBS gets a $35 billion profit gain on paper from its Credit Suisse takeover
(4) MPs call for trading in digital currencies to be regulated like gambling.

See omnystudio.com/listener for privacy information.

Episoder(1036)

US Shutdown Begins As Stocks Drop & Gold Rallies On Funding Standoff

US Shutdown Begins As Stocks Drop & Gold Rallies On Funding Standoff

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly se...

1 Okt 202528min

US Shutdown Looms Large, 20-Point Gaza Plan, Starmer Pitches Decency 

US Shutdown Looms Large, 20-Point Gaza Plan, Starmer Pitches Decency 

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blam...

30 Sep 202522min

Reeves Pushes UK Restraint, France Targets Wealthy, Sensational Ryder Cup

Reeves Pushes UK Restraint, France Targets Wealthy, Sensational Ryder Cup

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves can be sure the bond markets have her back. But on Monday she face...

29 Sep 202518min

Daybreak Weekend: US Jobs, Power Conference, China PMIs

Daybreak Weekend: US Jobs, Power Conference, China PMIs

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the U.S jobs report and the Electric vehicle sector...

26 Sep 202538min

New 100% Drug Tariffs, Former FBI Chief Charged, NATO Warns Russia

New 100% Drug Tariffs, Former FBI Chief Charged, NATO Warns Russia

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump announced a fresh round of tariffs, including a 100% duty on branded or patented phar...

26 Sep 202516min

HSBC Quantum World-First, Pricey Stocks ‘New Normal’, Britain's Bitter Pill

HSBC Quantum World-First, Pricey Stocks ‘New Normal’, Britain's Bitter Pill

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) HSBC Holdings said it’s achieved a world-first breakthrough in deploying quantum computing in financial ma...

25 Sep 202521min

Trump Backs NATO Action, Kimmel's Tearful Return, Super Typhoon Hits HK

Trump Backs NATO Action, Kimmel's Tearful Return, Super Typhoon Hits HK

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said NATO nations should shoot down Russian aircraft that violated their airspace a...

24 Sep 202520min

 Russia ‘Is Testing Us', $100B Nvidia-OpenAI Deal, Piketty Demands Wealth Tax

Russia ‘Is Testing Us', $100B Nvidia-OpenAI Deal, Piketty Demands Wealth Tax

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Lithuanian President Gitanas Nauseda said Russia was testing NATO’s readiness to retaliate with its series o...

23 Sep 202527min

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