Loan losses mount for US banks
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Israel is set to start voting on controversial judicial reforms on Monday and the largest US banks are expected to report the biggest jump in loan losses since the onset of the pandemic. Plus, global manufacturers are shifting business out of China to Vietnam.
Mentioned in this podcast:
Benjamin Netanyahu faces fresh wave of resistance to Israeli judicial reform plans
Wall St to report biggest jump in loan losses since pandemic
Vietnam becomes vital link in supply chain as business pivots from China
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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