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...I’m Sonja Hutson, and here’s the news you need to start your day....
Philipp Rickenbacher will be replaced by his deputy as bank exits its private debt business
...Here to explain why is the FT’s European banking correspondent Owen Walker. Hi, Owen. Owen WalkerHey, how’s it going? Saffeya AhmedI’m good....
...Stephen ButcherHambleton, Rutland, UK...
...The drought in M&A in 2022 and 2023 marked a sharp contrast with the previous year when a wave of monetary stimulus from central banks in response to the pandemic encouraged companies and private equity...
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...And to discuss all this, I’m joined in the studio by my FT colleagues Miranda Green. Hi, Miranda. Miranda GreenHello, Lucy. Lucy FisherAnd Stephen Bush. Stephen BushHello, Lucy....
...Stephen, a lot of British critics hated the movie. I’m curious why you think that is....
...Steve Geller, who was global head of M&A at Credit Suisse, now has the same role at Santander, while Tom Davidov, Santander’s global head of financial sponsors, previously had the same role for the Americas...
...I’m all about overly psychedelicized fish people. (Laughter) Stephen, what do you think for Dune: Three?...
...WhatsApp to Stephen: OK. We’ll take this offline. Messages deleted. I’m committed to being supportive over mental health. But only in real cases. And don’t lecture me on walking the walk....
...He added: “I’m comfortable and confident that we’ll be able to manage the monetisation transition here well.” Other companies are joining the spending spree on AI....
...Stephen BushYeah, indeed....
...Stephen BushI’m actually going to buy the Conservative party, right, because . . . Lucy Fisher(Laughter) OK. Explain. Jim PickardThey’re quite cheap. Stephen BushYeah, yeah....
...Marc Filippino OK, so if I’m understanding this correctly, Stephen, the issue is that McKinsey’s consulting basically contradicted US policy goals, right?...
...I’m not a gambling man. I sometimes play the EuroMillions, but that’s as far as it goes....
...Tonight I’m off to the South Bank to see Tchaikovsky’s fifth symphony, which I’m very much looking forward to....
...Stephen BushI’m going to buy a concept....
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