Apple's AI-Ready iPhone, Goldman Trading Decline & Trump-Harris Showdown

Apple's AI-Ready iPhone, Goldman Trading Decline & Trump-Harris Showdown

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

(1) Apple has introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and AI technology that's still on the horizon.

(2) The biggest US banks would face a 9% increase in capital requirements — a dramatic retreat from the original plan — after regulators agreed to sweeping changes to a proposed package of rules, according to people familiar with the matter.

(3) Goldman Sachs is signaling a note of caution to investors after posting some of the biggest stock advances among its peers this year.

(4) HSBC is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery's push to eliminate overlapping roles across the company and shed expenses.

(5) For Wall Street, the faceoff between Vice President Kamala Harris and former President and Republican nominee Donald Trump may add another layer of volatility at a time when uncertainty around the labor market, interest rates and geopolitics is fraying investor nerves.

See omnystudio.com/listener for privacy information.

Avsnitt(1104)

First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

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UPDATE: Credit Suisse Shares Go On A Wild Ride

UPDATE: Credit Suisse Shares Go On A Wild Ride

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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...

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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...

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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...

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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...

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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...

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