Matches Made in Crisis, Tim Cook in Beijing, & Losses at the Saudi National Bank 03/27/23
Squawk Pod27 Mar 2023

Matches Made in Crisis, Tim Cook in Beijing, & Losses at the Saudi National Bank 03/27/23

First Citizens will buy Silicon Valley Bank’s deposits and loans, prompting a stock rally in regional banks. Lawmakers are gearing up to question Federal Reserve officials about the banking crisis on Capitol Hill. CNBC’s Steve Liesman reports the many questions Congress will ask during the two-day hearings. Pantheon Macroeconomics Chief Economist Ian Shepherdson warns that the global banking contagion could exacerbate a recession, should we fall into one. In a conversation about the global credit crunch and the markets’ digestion of the Fed’s latest rate hike, Shepherdson discusses monetary policy and global market jitters. The Saudi National Bank lost over $1B on its Credit Suisse investment, now that UBS has rescued the embattled bank; a week after the loss, the Saudi National Bank’s chairman has stepped down. Plus, in China, Jack Ma has returned to the mainland, and corporate executives convened in Beijing over the weekend for the China Development Forum. Among them: Apple’s Tim Cook. CNBC’s Eunice Yoon reports, despite President Xi’s reassurances that China wants an “open China,” attendees of the forum were not as optimistic about US-China relations.

In this episode:

Eunice Yoon @onlyyoontv

Steve Liesman, @steveliesman

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episoder(1917)

Singles’ Day; Dimon’s Wealth; Social Media Spying

Singles’ Day; Dimon’s Wealth; Social Media Spying

It’s Singles’ Day— one of the biggest shopping days in the world. Alibaba has already beat last year’s sales on the e-commerce platform’s 24-hour shopping event. JP Morgan CEO Jamie Dimon defended his...

11 Nov 201931min

Billionaire-in-Chief

Billionaire-in-Chief

Former New York Mayor Michael Bloomberg might be running for President, but Joe’s betting Andrew that he doesn’t. The team speaks to pollster Frank Luntz (again), Operation Hope’s John Hope Bryant, an...

8 Nov 201934min

Food (Delivery) Fight; Bill Gates’ Tax Math; Tom Friedman

Food (Delivery) Fight; Bill Gates’ Tax Math; Tom Friedman

Bill Gates is the second-richest man in the world and a famously generous philanthropist, so he knows a thing or two about taxes. At The New York Times DealBook Conference in partnership with CNBC, Bi...

7 Nov 201937min

Wall Street vs. Warren; Personal Finance with A-Rod

Wall Street vs. Warren; Personal Finance with A-Rod

Bank of America’s Savita Subramanian is on set with Becky and Joe talking Walgreens, SoftBank, Amazon, and whether anyone “Xeroxes” anymore. Wall Street and Senator Elizabeth Warren are at it again; p...

6 Nov 201934min

Exclusive: Boeing’s Chairman

Exclusive: Boeing’s Chairman

The full, exclusive interview with Boeing’s new Chairman, David Calhoun. The aircraft manufacturer stripped CEO Dennis Muilenburg of the Chairman role last month in the wake of the 737 Max tragedies. ...

5 Nov 201948min

McDonald’s Fires CEO; Medicare for All; Kickstarter’s Co-Founder

McDonald’s Fires CEO; Medicare for All; Kickstarter’s Co-Founder

McDonald’s is on its fourth CEO in eight years. Yale’s School of Management and CNBC contributor Jeff Sonnenfeld puts its most recent corporate exit into perspective. Joe, Becky, and Andrew discuss th...

4 Nov 201935min

Silicon Valley Whisperer Kara Swisher & Who’s Hiring

Silicon Valley Whisperer Kara Swisher & Who’s Hiring

Jobs Friday is here! It turns out, employment in the U.S. might be healthier than we thought. Job opportunity in transportation is particularly strong, according to LinkedIn’s Dan Roth. CNBC contribut...

1 Nov 201935min

Trolling Twitter; E-Cig Efforts; Big Tech’s Big Hurdles

Trolling Twitter; E-Cig Efforts; Big Tech’s Big Hurdles

Twitter is banning political ads while Facebook defends them. Congressman Raja Krishnamoorthi (D-IL) penned a letter urging the White House to pull flavored e-cigarettes from the market, and he has th...

31 Okt 201931min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
pengesnakk
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
rss-sunn-okonomi
morgenkaffen-med-finansavisen
liberal-halvtime
stormkast-med-valebrokk-stordalen
lederpodden
rss-markedspuls-2
okonomiamatorene
rss-politisk-preik