Wall Street's China Problem & UBS's $35B Credit Suisse Windfall

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street's biggest banks face a harsh reality check in China (2) Biden and McCarthy voice cautious optimism on a debt deal (3) UBS gets a $35 billion profit gain on paper from its Credit Suisse takeover (4) MPs call for trading in digital currencies to be regulated like gambling. See omnystudio.com/listener for privacy information.