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US bank profits surge, Deutsche Bank recovers, Suez Canal officials seize ship

US bank profits surge, Deutsche Bank recovers, Suez Canal officials seize ship

FromFT News Briefing


US bank profits surge, Deutsche Bank recovers, Suez Canal officials seize ship

FromFT News Briefing

ratings:
Length:
10 minutes
Released:
Apr 15, 2021
Format:
Podcast episode

Description

Three of the largest US banks beat profits expectations on Wednesday on the back of a strengthening US economy, and Egyptian authorities have seized the container ship that blocked the Suez Canal as they seek compensation of more than $900m from the Ever Given’s owners. Plus, the FT’s deputy editor, Patrick Jenkins, discusses Deutsche Bank’s turnaround after years as the “sick bank of Europe.” Boom on Wall Street powers US bank profitshttps://www.ft.com/content/5cc8f198-345f-4a21-997f-acc841c7b39bDeutsche Bank dodges bullets and goes mainstreamhttps://www.ft.com/content/0c478d11-6ed2-4c68-870d-3d0e97f76745?Ever Given seized as Egyptian authorities seek $900m compensationhttps://www.ft.com/content/25b347bc-4c03-464a-b6c3-ed72bacc12e2?Ponzi mastermind Bernard Madoff dies aged 82https://www.ft.com/content/e88fdde2-440a-4a77-8a20-d2116309d84a See acast.com/privacy for privacy and opt-out information.
Released:
Apr 15, 2021
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.