Has the US bank consolidation wave begun?

Has the US bank consolidation wave begun?

Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival banks to consolidate. The FT's Robert Armstrong and James Fontanella Khan dig into the details of the deal, and what it means for the broader industry.

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Avsnitt(346)

How the US financed World War I using Charlie Chaplin and Girl Scouts

How the US financed World War I using Charlie Chaplin and Girl Scouts

The first world war was one of the deadliest conflicts the world has ever seen. And when the US entered the war in 1917, it faced a massive financial challenge: how to pay for its contribution? Enter ...

7 Okt 40min

The bloody birth of the bond market

The bloody birth of the bond market

The US Treasury market - the world's largest government bond market - is worth about $32tn today, making it the largest pile of debt accumulated in history. But its roots lie in medieval Venice, a blo...

30 Sep 43min

Does history show that fraud is the sign of a healthy economy?

Does history show that fraud is the sign of a healthy economy?

How do you tell if an economy is actually working? Most economics classes point to controlled inflation, steady growth, or low unemployment - but what if the level of financial fraud is the real hidde...

23 Sep 45min

Meet the Fuggers: Europe’s richest family ever

Meet the Fuggers: Europe’s richest family ever

Long before Silicon Valley, the grandson of a 15th Century German peasant named Jakob Fugger built a mining and banking empire that dwarfed today’s tech titans, accumulating a fortune estimated at $4 ...

16 Sep 43min

Why Dante put bankers in hell and James Joyce didn't

Why Dante put bankers in hell and James Joyce didn't

Is money a tool of moral decay or a force for human liberation? Dante feared money would corrupt and damn us, placing bankers in the eighth circle of hell - just one above Lucifer. James Joyce saw it ...

12 Sep 41min

He expelled the money changers. So was Jesus anti-capitalist?

He expelled the money changers. So was Jesus anti-capitalist?

What did Jesus really think about money? When he overturned the tables of the money changers in the Temple in Jerusalem, accusing them of turning a sacred "house of prayer" into a "den of robbers", he...

9 Sep 51min

1873: The year America ditched silver as money and all hell broke loose

1873: The year America ditched silver as money and all hell broke loose

In 1873, Ohio senator John Sherman quietly helped pass a law that stopped Americans from turning silver into official US money. The consequences were huge: years of economic pain and political turmoil...

2 Sep 41min

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

He was the bruiser of Wall Street. In the early noughties, New York attorney-general Eliot Spitzer took it upon himself to expose the lies of stock analysts during the dotcom bubble. His crusade blind...

26 Aug 46min

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