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First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

FromBloomberg Daybreak: Europe Edition


First Republic Shored Up and Credit Suisse's Future

FromBloomberg Daybreak: Europe Edition

ratings:
Length:
17 minutes
Released:
Mar 17, 2023
Format:
Podcast episode

Description

Your morning briefing. The news you need in just 15 minutes.
On today's podcast:
(1) First Republic gets $30 billion backing from eleven US banks.
(2) Sources tell Bloomberg that Credit Suisse and UBS are opposed to a forced combination.
(3) The ECB's Lagarde sticks to the planned 50 basis-point rate hike, but offers no forward guidance.
(4) Half of the Fed's QT shrinkage reversed in a week by discount window usage. See omnystudio.com/listener for privacy information.
Released:
Mar 17, 2023
Format:
Podcast episode

Titles in the series (100)

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.