logo
episode-header-image
Aug 2023
18m 56s

UPDATE: UK Growth Surprise & UBS Exits B...

Bloomberg
About this episode

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The UK economy delivers its strongest quarterly growth in more than a year.

(2) UBS ends its $10bn Credit Suisse loss protection agreement with the Swiss government.

(3) US inflation data leads the Fed's rate setters to favour another hold.

(4) 35,000 tiny Chinese hedge funds could close under new regulations. 

See omnystudio.com/listener for privacy information.

Up next
Today
Bonus Episode: Here's Why the Iran War Could Hinge on Missile Math
We’re sharing something a little different in the Daybreak Europe feed today, the the latest episode of Here’s Why hosted by Stephen Carroll.While Daybreak Europe brings you the essential news each morning, Here’s Why takes one major global story each week and explores the deeper ... Show More
9m 24s
Mar 13
Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to next week’s monetary policy decision from the Federal Reserve and a focus on 3 stocks for the week ahead. In the UK – a look ahea ... Show More
39m 18s
Mar 13
Russia Helps Iran Strikes, War Breaks Market Plans, EU Counts Conflict Cost
Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US has issued its second authorization for buyers to take Russian oil cargoes already at sea, widening a temporary waiver given last week to India alone in an effort to ease pressure on pric ... Show More
17m 1s
Recommended Episodes
Mar 2023
UBS agrees to buy Credit Suisse
<p>UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansi ... Show More
10m 3s
Mar 2023
MM105: What just happened to Credit Suisse and should you be worried?
<p>In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week.&nbsp;</p><br><p>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 ... Show More
42m 2s
Jun 2022
The Fed’s big swing at inflation
<p>The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong.&nbsp;<strong>&nbsp;</strong></p><br><p>In this wee ... Show More
19m 43s
Sep 2023
Central banks made bonds sell off
<p>This week, one central bank after another made it clear that interest rates need to stay higher for longer. As a result, government bond yields rose sharply, the US dollar strengthened and equities sold off. Only the Bank of Japan remains on a different wavelength, keeping its ... Show More
17m 11s
Mar 2023
Inside UBS’s takeover of Credit Suisse
<p>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 ... Show More
24m 43s
Mar 2023
3-21-2023 – Understanding the UBS Takeover of Credit Suisse and Impact on Bondholders
Some Credit Suisse bond investors’ stakes were wiped out as Swiss authorities facilitated the mega merger. Today's Stocks & Topics: Housing Sales, Interest Rates, Treasury Secretary Janet Yellen on Small Banks, Retirement, SWBI - Smith & Wesson Brands Inc., RIO - Rio Tinto PLC AD ... Show More
46m 23s