UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

29/03/2023 22 min
UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

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Episode Synopsis

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) UBS rehires Sergio Ermotti as CEO to oversee the Credit Suisse takeover. (2) US Financial officials outline plans for a raft of regulatory changes. (3) Markets are probing banks for weakness according to the BOE's Bailey. (4) Regulators believe a €5m Deutsche Bank trade triggered Friday's global rout. See omnystudio.com/listener for privacy information.

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