UK Budget Tax Cuts & Trump's Super Tuesday Win

UK Budget Tax Cuts & Trump's Super Tuesday Win

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

(1) Jeremy Hunt plans to put personal tax cuts at the center of his annual budget on Wednesday as he navigates tight public finances to deliver on Conservative demands for a pre-election giveaway to boost the ailing governing party’s standing with voters.

(2) President Joe Biden and Republican frontrunner Donald Trump are set for a rematch in a general election race that few Americans are excited about and that Wall Street donors tried in vain to avert.

(3) A Citigroup reorganization aimed at streamlining the bank and making it more competitive with its peers has gone swifter than expected, Chief Executive Officer Jane Fraser said, as she set out positive guidance for the year ahead.

(4) OpenAI fired back at a lawsuit filed against it by Elon Musk in a blog post Tuesday, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business and that he insisted it raise “billions” of dollars to be relevant compared with Google.

(5) Birmingham City Council has signed off on the largest-ever package of budget cuts by a UK local authority

See omnystudio.com/listener for privacy information.

Avsnitt(1040)

First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) First Republic gets $30 billion backing from eleven US banks. (2) Sources tell Bloomberg that Credit Suisse and UBS...

17 Mars 202317min

UPDATE: Credit Suisse Shares Go On A Wild Ride

UPDATE: Credit Suisse Shares Go On A Wild Ride

Your morning briefing. The news you need in just 15 minutes. .On today's podcast: (1) Credit Suisse shares open sharply up after yesterday’s massive sell off (2) Saudi National Bank's Chairman tries t...

16 Mars 202322min

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse taps up to $54 billion of central bank funding. (2) Financial stocks take a hammering as Credit Suiss...

16 Mars 202317min

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chancellor gets set to announce a budget plan for business investment. (2) A US drone collides with a Russian f...

15 Mars 202317min

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse finds 'material' control lapses after SEC prompt (2) Two-year treasury's yields rebound after the big...

14 Mars 202327min

Massive Moves In Bond Markets As SVB Fallout Continues

Massive Moves In Bond Markets As SVB Fallout Continues

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Two-year treasury yields see some rebound after the biggest plunge in decades. (2) Traders bet on a Federal Reserve...

14 Mars 202317min

UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1

UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1

(1) HSBC buys the UK division of Silicon Valley Bank for a nominal fee. (2) US authorities protect SVB deposits in a bid to avert contagion. (3) Sunak says that a plan to support UK tech businesses wi...

13 Mars 202316min

Bloomberg Daybreak Weekend: Eco Data, Budgets, Elections

Bloomberg Daybreak Weekend: Eco Data, Budgets, Elections

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we’ll be tracking for you in the coming week including a look at upcoming economic data, The UK Chancellor’s budget propos...

11 Mars 202335min

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