Our presenter Roger Hearing discusses the banking crisis as high profile investors fear there are more pockets of distress yet to emerge after the collapse of Silicon Valley Bank, Signature Bank and problems at Credit Suisse. Museums come under the spotlight as the Acropolis Museum in Athens today welcomed back three fragments of the Parthenon marbles from t ... Show More
Today
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Mar 2023
Why the Banking Crisis Isn’t Over Yet
In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.But efforts to contain the crisis have met resistance, and the fallout of the collapse has already sp ... Show More
29m 4s
Mar 2023
Should I be worried about all the bank failures?
Are we in the middle of a financial crisis? Today’s show breaks down the latest bank crises — from Credit Suisse to First Republic.
Read more:
Another week, another banking calamity.
On Sunday, Swiss banking giant UBS came to the rescue of its rival, Credit Suisse. It was the fi ... Show More
18m 31s
Mar 2023
Money Talks: Discredit Suisse
Few would have predicted that the demise of Silicon Valley Bank, a niche Californian lender, would be followed by the failure of Credit Suisse. But on March 19 the banking crisis reached Zurich, where regulators brokered a fire sale that saw the ailing 167-year-old bank sold to r ... Show More
46m 18s
Mar 2023
Money Talks: Discredit Suisse
Few would have predicted that the demise of Silicon Valley Bank, a niche Californian lender, would be followed by the failure of Credit Suisse. But on March 19 the banking crisis reached Zurich, where regulators brokered a fire sale that saw the ailing 167-year-old bank sold to r ... Show More
46m 18s
Mar 2023
MM105: What just happened to Credit Suisse and should you be worried?
In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week.
In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK officials scrambl ... Show More
42m 2s
Mar 2023
A Great Recession bank takeover
Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ... Show More
18m 42s
Mar 2023
Inside UBS’s takeover of Credit Suisse
After the collapse of Silicon Valley Bank, markets were anxious, and the prestigious, yet scandal-ridden Credit Suisse looked as if it could be next to fall. But over the span of a single weekend, the Swiss government and Credit Suisse’s crosstown rival, UBS, raced against the cl ... Show More
24m 43s