Banking "Big Bang" Theory 2.0

An oil pipeline in Saudi Arabia has been temporarily shut down after it was badly damaged in a strike last week. The pipeline is key to minimising the impact of the closure of the Strait of Hormuz on the world’s global oil supply. Combined with Houthi attacks in the Red Sea, expe ...  Show more

Today, Chris speaks to Sir Keir Starmer, the prime minister, about the resignation of his defence secretary John Healey, his plans for the Defence Investment Plan, and whether or not he’ll fight a potential leadership election.You can now listen to Newscast on a smart speaker. If ...  Show more

UBS has reported the biggest-ever quarterly profit for a bank, eurozone core inflation has edged down, and Switzerland has proposed sweeping measures to clamp down on money laundering. 

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JPMorgan Chase explores lending against cryptocurrency, and the UK will have to pay in order to join the EU’s defence fund. Plus, UK chancellor Rachel Reeves blames regulation for lack of financial growth and a start-up in San Francisco might know how to create gold. Mentioned in ...  Show more

This week the banking team discusses the increased pressure on bankers to limit their bonuses after António Horta-Osório waived his entitlement to a bonus for last year. They also take a look at the Financial Stability Board's plans to restructure the financial services industry ...  Show more

The Bank of Japan stunned markets with an unexpected change to its controversial yield curve control policy, and a group of FTX customers will try to secure quicker repayment for people who have money trapped with the defunct exchange. Plus, we take a look back at the biggest ...