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(1047)

China Optimism Fuels Stocks, Iranian President's Warning & Starmer Embraces Unpopularity

China Optimism Fuels Stocks, Iranian President's Warning & Starmer Embraces Unpopularity

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China’s central bank lowered the interest rate charged on its one-year policy loans by the most on record, k...

25 Sep 202415min

Fears of All Out Israel-Lebanon War, China Unleashes Stimulus & Starmer To Offer ‘Light’

Fears of All Out Israel-Lebanon War, China Unleashes Stimulus & Starmer To Offer ‘Light’

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israel launched airstrikes on targets across southern Lebanon, killing nearly 500 people in one of the deadl...

24 Sep 202419min

Reeves Vows ‘No Return to Austerity’ & Ultra-Rich Tax Warning

Reeves Vows ‘No Return to Austerity’ & Ultra-Rich Tax Warning

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK’s new Labour government won’t return to the austerity cuts of its Conservative predecessors, Chancell...

23 Sep 202415min

Daybreak Weekend: New Inflation Data, Party Conferences, Elections in Japan

Daybreak Weekend: New Inflation Data, Party Conferences, Elections in Japan

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: We preview PCE inflation data In the UK: We're looking ahead to one of th...

21 Sep 202438min

UPDATE: UK Debt At 100% of GDP, Inheritance Tax Fears & BOJ Holds Rates

UPDATE: UK Debt At 100% of GDP, Inheritance Tax Fears & BOJ Holds Rates

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed ...

20 Sep 202428min

BOJ Holds Rates, Inheritance Tax Warning & Understanding Kamala Harris

BOJ Holds Rates, Inheritance Tax Warning & Understanding Kamala Harris

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed ...

20 Sep 202417min

The Fed's Big Cut,  More  Devices Explode & Global Shadow Fleet Exclusive

The Fed's Big Cut, More Devices Explode & Global Shadow Fleet Exclusive

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve ...

19 Sep 202420min

Exploding Pagers Blamed On Israel, Fed Cut Record Bets Risk &  Baby Hedge Funds

Exploding Pagers Blamed On Israel, Fed Cut Record Bets Risk & Baby Hedge Funds

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Iran-backed Hezbollah accused Israel of orchestrating an attack that killed several people and left almost 3...

18 Sep 202420min

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