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Silicon Valley Bank rattles Wall Street

Silicon Valley Bank rattles Wall Street

FromFT News Briefing


Silicon Valley Bank rattles Wall Street

FromFT News Briefing

ratings:
Length:
10 minutes
Released:
Mar 10, 2023
Format:
Podcast episode

Description

A US bank index suffered the worst one-day fall in market value since June 2020, the first France-UK summit in five years will focus on resetting relations, Mexico’s currency hit a five-year high this week despite its struggling economy, and former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison for fraud.Mentioned in this podcast:Investors dump US bank shares amid fears over value of bond portfoliosMexico’s peso hits five-year high on interest rates and US benefitsFrance and UK aim to draw a line under post-Brexit tensionsFormer Goldman Sachs banker Roger Ng sentenced to 10 years for 1MDB fraudDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Mar 10, 2023
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.