UK Economy Grows & Bank Of England Awaits Recommendations

UK Economy Grows & Bank Of England Awaits Recommendations

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Morgan Stanley shares fell the most in five months after a report that a cadre of US regulators are scrutinising the firm’s efforts to prevent potential money laundering by wealthy clients.

(2) The European Central Bank held interest rates steady for a fifth meeting, while sending its clearest signal yet that cooling inflation will soon allow it to commence cuts.

(3) The UK economy grew for a second month in February, suggesting a recovery from recession is now under way. Gross domestic product rose 0.1% from January, the Office for National Statistics said Friday, in line with the gain forecast by economists.

(4) Ex-Federal Reserve Chair Ben Bernanke is set to deliver his verdict on the Bank of England’s forecasting process on Friday at noon London time. Ahead of publication time, we look at the three most important questions the review poses for markets

(5) Credit traders at Barclays and HSBC are among those making a market for clients to bet against the debt of Thames Water amid an escalating crisis at the UK’s largest water utility.



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Episoder(1053)

Bank of England Decision, US Jobs Report,  and More

Bank of England Decision, US Jobs Report, and More

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US Syria Strikes, Iran War Warning & EY Partner Pay Cut

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

On today's podcast: (1) The US said it hit two facilities in eastern Syria it believes were used by Iran’s Islamic Revolutionary Guard Corps and other groups, in what it called “self-defense strikes”(...

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UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

On today's podcast: (1) Israel says it made limited ground raids against Hamas targets in northern Gaza overnight before withdrawing. (2) Netanyahu told Israelis a ground invasion is being prepared as...

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Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

On today's podcast: (1) Netanyahu told Israelis a ground invasion is being prepared as the country's military continues to target Hamas's leadership in Gaza. (2) US President Joe Biden said he asked I...

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UPDATE: Israel UN Resignation Demand & European Bank Earnings

UPDATE: Israel UN Resignation Demand & European Bank Earnings

On today's podcast: 1) The Israeli ambassador to the United Nations demanded that Secretary-General Antonio Guterres resign for saying Hamas's Oct.7 attack on Israel didn't happen in a vacuum, capping...

25 Okt 202317min

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

On today's podcast:(1) Israel demands the resignation of the UN Secretary-General as tensions flare at a Security Council meeting over the Israel-Hamas war. (2) Deutsche Bank to step up payouts as len...

25 Okt 202316min

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

On today's podcast:(1) Hamas frees two more hostages from Gaza as the US sends more forces to the Middle East with world leaders calling for aid.(2) Barclays missed estimates at its investment bank an...

24 Okt 202315min

More Gaza Hostages Released, Bond Turnaround, & Start-Up Britain

More Gaza Hostages Released, Bond Turnaround, & Start-Up Britain

On today's podcast:(1) Hamas frees two more hostages from Gaza, as the US sends more forces to the Middle East. (2) Billionaire investors Bill Ackman and Bill Gross abandon their short position on US...

24 Okt 202314min

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