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(1046)

Trump-Musk Plan Fails, US Shutdown Looms & Why Firms Aren't Listing

Trump-Musk Plan Fails, US Shutdown Looms & Why Firms Aren't Listing

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursda...

20 Des 202421min

Powell Gets Tough On Cuts, Stocks Sink, BOE Preview & Europe Sleepwalks Into War

Powell Gets Tough On Cuts, Stocks Sink, BOE Preview & Europe Sleepwalks Into War

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in ...

19 Des 202419min

Japan's Carmakers Mull a Merger, Fed Day & The Costs of Going Green Fast

Japan's Carmakers Mull a Merger, Fed Day & The Costs of Going Green Fast

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Honda and Nissan are exploring a merger, according to people familiar with the matter, that would create a s...

18 Des 202421min

UK Tax Hikes Spare FTSE Firms, Chinese Spy Named & Novo Nordisk’s Hiring Binge

UK Tax Hikes Spare FTSE Firms, Chinese Spy Named & Novo Nordisk’s Hiring Binge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The majority of Britain’s biggest listed companies will together account for less than 3% of the revenue ra...

17 Des 202416min

Germany No Confidence Vote, China Consumption Slows & Private Equity Profits From Most Vulnerable

Germany No Confidence Vote, China Consumption Slows & Private Equity Profits From Most Vulnerable

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Germany's Chancellor Olaf Scholz will submit to a parliamentary vote of confidence today, which he intends ...

16 Des 202416min

Daybreak Weekend: Fed Preview, BOE Decision, China Data

Daybreak Weekend: Fed Preview, BOE Decision, China Data

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 next week’s Fed decision and earnings from Nike. In the UK...

14 Des 202438min

France's Next Prime Minister, ECB's Rate Path & Klarna's AI Hiring Freeze

France's Next Prime Minister, ECB's Rate Path & Klarna's AI Hiring Freeze

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron will name a new prime minister this morning via a statement, his office sai...

13 Des 202415min

The Struggle for Reliable US Economy Data, Lagarde's Headache, & Europe's Solar Panels Get Hacked

The Struggle for Reliable US Economy Data, Lagarde's Headache, & Europe's Solar Panels Get Hacked

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate...

12 Des 202416min

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