Hints and tips:
...It’s one of those Victorian pubs, built like a bank or Masonic hall to last a thousand years but rendered irrelevant by the passage of time....
...Today on the show, he talks with hosts Ethan Wu and Robert Armstrong about what he’s learnt, covering everything from market collapses to investing in banks....
...Bryant has never repeated the claim outside of parliament and there appears to be no evidence to support his claim. Bryant declined to comment....
...Unhedged is produced by Jake Harper and edited by Bryant Urstadt. Our executive producer is Jacob Goldstein. We had additional help from Topher Forhecz. Cheryl Brumley is the FT’s global head of audio....
...Bryant said Sunak was willing to “opine” on the rules of cricket following controversy in the second Ashes test between Australia and England, but “not about rule-breaking in parliament”....
...[MUSIC PLAYING] Unhedged is produced by Jake Harper and edited by Bryant Urstadt. Our executive producer is Jacob Goldstein. We had additional help from Topher Forhecz....
...The data came after the People’s Bank of China cut banks’ reserve requirement ratio by 0.25 percentage points to 7.4 per cent, freeing up an estimated Rmb500bn ($70bn) in liquidity for lenders....
...I have like an acute childhood memory of looking at my bank statement. You know, I had my $100 of allowance in the bank and wondering, you know, I’m getting one-tenth of a penny of interest?...
...You obviously saw a couple of banks fail....
...And this is what has happened to banks, particularly in Europe. In America, banks are slightly more like private entities....
...better than the developed world central banks....
...So I was just reading a note from SocGen, the French bank. They slapped another $10 a barrel on top of their previous oil forecast on the back of the attempted attacks just the other day....
...Now that there aren’t any banks immediately and obviously on the brink of collapse any more, attention is shifting to commercial real estate, the doomed asset class du jour....
...Katie MartinAnd so policymakers — not just at the Fed; also, you know, the European Central Bank and the Bank of England, kind of everywhere — are fixated on the idea that they don’t want to be the cohort...
...And you know, similarly, you look at big banks, you look at Barclays and Citigroup in the United States, Barclays in the UK, Citigroup in the United States....
...’s Bank of China....
...It’s like a kind of bank or a reverse bank. So it’s cheap for the same reason banks are....
...Jennifer HughesIt’s also a point where the central bank and the government are almost acting together. So central bank independence is also an issue....
...That is, unfortunately, Bank of America. Robert ArmstrongI don’t know who looks dumber now, Bank of America or us. Katie MartinYou, that’s who looks dumb....
...Ethan WuI’m long central bank speak. I love their choice of words. Here’s a comment from Bank of Japan governor Kazuo Ueda that set off all kinds of reactions in Japanese markets....
...Holding, together with his sister Hope Bryant, the bank’s vice-chair, and his brother-in-law, Peter Bristow, its president, have acquired more than a dozen banks from the FDIC’s ownership over the past two...
...First Citizens, meanwhile, is a 125-year-old family dynasty: The bank is run by a board that includes chief executive Frank Holding and his sister, vice chair Hope Bryant, the third generation of Holdings...
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