About this episode
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.