22 min listen
SQUAWK BOX, FRIDAY 17TH MARCH, 2023
ratings:
Length:
30 minutes
Released:
Mar 17, 2023
Format:
Podcast episode
Description
U.S. banks band together, propping up First Republic with a $30 billion rescue deal. Meanwhile, UBS and Credit Suisse reportedly oppose a government-orchestrated tie-up, as the Swiss lender insists its capital position hasn't changed. Wall Street rallies, with banking stocks posting their best day of the year - putting the S&P500 on track for its best weekly performance since January. Investor attention now turns to the Fed and its response to the banking sector turmoil, after the ECB hikes rates by 50 basis points. And protests erupt across France, as Emmanuel Macron exercises his presidential powers to push through his controversial pension reform plan - potentially opening himself up to an immediate vote of no confidence.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 17, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 13th MARCH, 2019 by Squawk Box Europe Express