The Story of Money

Alle afleveringen

348 afleveringen, van nieuw naar oud

  1. Why central banks are baffling investors

    17 augustus 2022 · 18 min

    Afspelen
    The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerging. On this week’s episode, the FT’s markets editor Katie Martin explains how markets expect to grapple with the change. Lees meer

    Clips from ABC, CNBC, CBS

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    For further reading:

    Did QE cause inflation?

    The mystery of how quantitative tightening will affect markets

    Did central bank balance sheets really need to get so big?

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    On Twitter, follow Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  2. Why VC funding is drying up

    10 augustus 2022 · 17 min

    Afspelen
    Venture capital fundraising hit a record-high last year. There were more deals, and more money poured into startups last year than at any other time in history. Now, the FT’s Richard Waters says the fundraising bonanza is over. On this week’s episode, we explore what that means for the future of startups. Lees meer

    Clips from Looney Tunes: ⓒ Warner Bros.

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    For further reading:

    Venture capital’s silent crash: when the tech boom met reality

    Klarna’s valuation crashes to under $7bn in tough funding round

    Venture capital’s delayed rendezvous with reality

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    On Twitter, follow Richard Waters (@RichardWaters) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  3. The rise of the ‘F@$K It’ investor

    3 augustus 2022 · 20 min

    Afspelen
    Since the 2008 financial crisis, it’s become more and more difficult for Americans to chart a path toward financial security. Things like buying a house and paying off student loans have become more challenging for young people to do. And that’s given rise to a new generation of investors the FT’s Madison Darbyshire calls “generation moonshot.” Lees meer

    Clips courtesy of NBC News, CNBC, ABC News, CBS

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    For further reading:

    Generation moonshot: why young investors are not ready to give up on risk

    How retail investors can navigate the rough terrain of US equities

    A year on, we haven’t absorbed the lessons of the GameStop saga

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    On Twitter, follow Madison Darbyshire (@MADarbyshire) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  4. Is Sri Lanka’s economic crisis a canary in the coal mine?

    27 juli 2022 · 17 min

    Afspelen
    Sri Lanka is facing dire fuel and food shortages amid ongoing economic and political crises. In this week’s episode, the FT’s Antoni Slodkowski shares what he’s seen after a week of reporting in Sri Lanka. And then, emerging markets correspondent Jonathan Wheatley explains how the crises in Sri Lanka may impact the rest of the world. Lees meer

    Clips courtesy of Voice of America

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    For further reading:

    No food, no fuel and no jobs: the economic catastrophe engulfing Sri Lanka

    What Sri Lanka reveals about the risks in emerging markets

    China reckons with its first overseas debt crisis

    Debt sell-off intensifies strains for more than a dozen emerging markets

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    On Twitter, follow Jonathan Wheatley (@Jonthn_Wheatley), Antoni Slodkowski (@slodek) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  5. Are big corporate profits to blame for inflation?

    20 juli 2022 · 19 min

    Afspelen
    Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives. Lees meer

    Clip courtesy of Bloomberg

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    For further reading:

    US companies face rising battle to fend off vilification over ‘excess’ profits

    Joe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticism

    The war on ‘woke capitalism’

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    On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  6. Why companies could soon pay for climate change

    13 juli 2022 · 18 min

    Afspelen
    A few years ago a Peruvian farmer filed a lawsuit against a German utility company thousands of miles away. The reason? A glacier is melting near his hometown. If it melts enough, it could cause a flood that may catastrophically damage his city. He says that over years the company's pollution has contributed to climate change, and because of this, it should help pay for protections against the potential flood. Lees meer

    In this week’s episode, we’ll tell the story of a David vs. Goliath battle. How one man is taking on one of the world’s biggest polluters in a landmark case that could one day force companies to pay for damage they’ve done to the environment.

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    For further reading:

    Who pays for climate change? The Peruvian suing a German utility

    The Climate Game: Can you reach net zero by 2050?

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    On Twitter, follow Camilla Hodgson (@CamillaHodgson)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  7. How Spacs went splat

    6 juli 2022 · 19 min

    Afspelen
    Spacs, or special purpose acquisition companies, were all the rage at the start of the pandemic. These shell companies raise cash by listing on the stock market, and then seek a merger with a private company. This created a novel way for companies to list on the stock market without having to go through the traditional initial public offering process. Lees meer

    Now, Spacs are floundering. The FT’s Ortenca Aliaj talks with guest host Jess Smith about how the Spac investment boom collided with rising interest rates and regulatory threats, and ultimately went bust.

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    For further reading:

    Spac boom dies as wary investors retreat

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    On Twitter, follow Ortenca Aliaj (@OrtencaAl)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  8. How tea plantations are testing private equity

    29 juni 2022 · 25 min

    Afspelen
    Late last year Unilever reached a $5 billion deal to sell part of its tea business, including brands like Lipton and PG Tips, to private equity giant CVC Capital. But the tea sector is a complicated one. With roots in colonialism, tea plantations around the world have faced many issues, including accusations of human rights abuses. Lees meer

    In this week’s episode, we’re hearing from one worker whose life was forever changed by violence on her plantation, and exploring how this deal represents a new challenge for PE as investors are increasing their scrutiny into the private equity industry’s ethics.

    Clips courtesy of Unilever, Al Jazeera, AP

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    For further reading:

    How Unilever’s tea business became a test of private equity’s conscience

    Bidders for Unilever’s tea business pulled out on plantation concerns

    CVC pushes back IPO plans amid market turmoil

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    Sign up here to get the Moral Money premium newsletter sent straight to your inbox every Monday, Wednesday and Friday.

    On Twitter, follow Judith Evans (@JudithREvans), Kaye Wiggins (@kayewiggins) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  9. Introducing: Hot Money

    28 juni 2022 · 32 min

    Afspelen
    When Financial Times reporter Patricia Nilsson started digging into the porn industry, she made a shocking discovery: nobody knew who controlled the biggest porn company in the world. Now, Nilsson and her editor, Alex Barker, reveal who is behind it and much more. This eight-part investigative podcast, published weekly, reveals the secret history of the adult business and the billionaires and financial institutions who shape it. Lees meer

    Subscribe and listen on: Apple Podcasts, Spotify, Pocket Casts, Stitcher or wherever you listen to podcasts.

    Hosted on Acast. See acast.com/privacy for more information.

  10. The Fed’s big swing at inflation

    22 juni 2022 · 20 min

    Afspelen
    The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong. Lees meer

    In this week’s episode, Armstrong is helping us to make sense of the Fed’s announcement. He’ll explain what the recent hike means for the economy and for investors, and tell us whether or not we should be freaking out.

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    For further reading:

    Fed smash!

    How fast is the US economy slowing?

    Bear market to the rescue

    Time for strong medicine: How central banks got tough on inflation

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    Sign up here to get the Unhedged newsletter sent straight to your inbox every weekday.

    On Twitter, follow Robert Armstrong (@rbrtrmstrng)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  11. Inside Johnson & Johnson’s bankruptcy two-step

    21 juni 2022 · 28 min

    Afspelen
    Johnson & Johnson, one of the world’s largest healthcare companies, is facing thousands of lawsuits from people alleging they got cancer from using one of their oldest products: talc-based baby powder. Lees meer

    To manage the growing liability, J&J recently deployed a controversial new bankruptcy manoeuvre known as the Texas Two-Step.

    In this week’s episode, we explore whether J&J’s use of this manoeuvre is setting a new precedent for corporations to evade accountability in America.

    Update: A new version of this episode was uploaded on June 21, 2022 to update the number and outcome of trials 3M has faced related to one of its products.

    Clip courtesy of NBC News

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    For further reading:

    Johnson & Johnson’s ‘Texas-two-step’ sparks outcry over US bankruptcy regime

    Architects of ‘Texas two-step’ lambast J&J for its use of the manoeuvre

    ‘Texas two-step’ outcry risks ending fee bonanza for law firm Jones Day

    J&J’s Texas two-step waltzes over its liabilities

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    On Twitter, follow Jamie Smyth (@JamieSmythF) and Michela Tindera (@mtindera07)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  12. Blowing the whistle on ESG

    8 juni 2022 · 28 min

    Afspelen
    Last week authorities raided the offices of Germany’s top asset manager DWS Group and its majority owner Deutsche Bank. The raid was spurred by allegations of greenwashing. That is, that DWS had made misleading claims about how sustainable or “green” some of its financial products were. DWS says it denies those allegations and has cooperated with regulators and authorities, but this move has prompted a larger reckoning throughout the financial industry. Lees meer

    At the centre of much of this is former DWS sustainability officer Desiree Fixler. In this week’s episode we hear from the whistleblower herself, and explore her allegations about her time at DWS. The FT’s Patrick Temple-West also explains what this moment means for the future of environmental, social and governance or ESG investing.

    For further reading:

    German police raid DWS and Deutsche Bank over greenwashing allegations

    DWS chief resigns after police raid over greenwashing claims

    Deutsche banker takes over asset manager in the eye of an ESG storm

    Aggregate ESG confusion

    On Twitter, follow Patrick Temple-West (@Temple_West)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  13. Tether’s path to the spotlight

    1 juni 2022 · 26 min

    Afspelen
    We’re diving back into the world of stablecoins for part 2 of 2 in our miniseries on crypto. This time, it’s a story filled with troubled companies and a real life fire that sends a business up in smoke. With the help of FT reporters Kadhim Shubber and Siddharth Venkataramakrishnan, we dig into the professional histories of two executives who sit atop two of crypto’s most important businesses: stablecoin issuer Tether and exchange Bitfinex. Lees meer

    Clips courtesy CSPAN

    For further reading:

    Tether’s CEO: from IT sales to calling the shots in crypto land

    Tether: the former plastic surgeon behind the crypto reserve currency

    The week that shook crypto

    On Twitter, follow FT reporters Kadhim Shubber (@Kadhim), Siddharth Venkataramakrishnan (@SVR13) and Ethan Wu (@EthanYWu)

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  14. A crypto vibe shift?

    25 mei 2022 · 20 min

    Afspelen
    Behind the Money is back! Our first episode is part 1 of 2 in a miniseries on crypto. First up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stablecoin collapsed. FT reporter Ethan Wu explains how the effects of that rippled into other areas of the crypto universe. Michela and Ethan will talk about what stablecoins are and why they matter — even for people who aren’t crypto investors. Lees meer

    For further reading:

    Crypto scares everyone

    The week that shook crypto

    Investors pull $7bn from Tether as stablecoin jitters intensify

    Follow Ethan Wu on Twitter @EthanYWu

    Read a transcript of this episode on FT.com

    Hosted on Acast. See acast.com/privacy for more information.

  15. We're back!

    17 mei 2022 · 1 min

    Afspelen
    Behind the Money is back with all-new episodes! From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. The podcast returns May 25. Lees meer

    Hosted on Acast. See acast.com/privacy for more information.

  16. Introducing Tech Tonic: The US/China Tech Race

    13 april 2022 · 2 min

    Afspelen
    A new six-part series of Tech Tonic brings you stories from the frontlines of the battle between the US and China for global technological supremacy. At stake is the future of technologies that will shape all our lives, from the way the internet is used to the way we govern our societies. Join the FT’s Global China Editor James Kynge as he charts China’s dramatic transformation into a global tech superpower, sparking rivalry with the US over who controls our technological future. Lees meer

    Hosted on Acast. See acast.com/privacy for more information.

  17. 5 - Inside ESG: A sceptic vs a believer, our experts face off

    3 november 2021 · 21 min

    Afspelen
    The amount of money flowing into investment funds that claim to invest in sustainable businesses has surged in recent years. More companies than ever have embraced policies with environmental, social and corporate governance criteria as their central plank. But there's a debate over what ESG investing can achieve, particularly when it comes to cutting carbon emissions and addressing climate change. Lees meer

    In the final episode of our five-part series on ESG investing, we hear from two leading FT voices on opposite sides of the argument. Cheering the rise of ESG is Gillian Tett, the FT’s US editor-at-large and co-founder of Moral Money, the FT team that covers sustainable business and finance; and casting a sceptical eye is the FT’s US financial commentator Robert Armstrong, who also writes Unhedged, the FT newsletter on Wall Street.

    The ESG investing industry is dangerous

    Team ESG fights back

    A carbon price should be top of the wish list at the climate talks

    The need to elevate developing countries at COP26

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Hosted on Acast. See acast.com/privacy for more information.

  18. Introducing Working It: Can wellness apps fix us and beat staff burnout?

    30 oktober 2021 · 17 min

    Afspelen
    This is the podcast about doing work differently. Join host Isabel Berwick every Wednesday for expert analysis and watercooler chat about ahead-of-the-curve workplace trends, the big ideas shaping work today — and the old habits we need to leave behind. Lees meer

    Subscribe on Apple https://podcasts.apple.com/gb/podcast/working-it/id1591925469 - On Spotify https://open.spotify.com/show/5vNDHxEOc1pI1acJS7He5e Or wherever you get your podcasts.

    The wellness industry is a trillion-dollar business, and the pandemic has turbo-charged it. One of the biggest trends has been the rise in employers buying their staff access to meditation and fitness apps. But does this ‘quick fix’ approach work? And are there better ways to boost wellbeing ?

    Isabel talks to Lorna Borenstein, chief executive of Grokker, a corporate wellness app about the reasons why she set up the platform and how clients and her own staff use it. It’s all part of a culture of taking care of employees - a topic Lorna has explored more deeply in her book It’s Personal, offering advice to other managers on how to help staff feel better [tl;dr: talk less, listen more].We also speak to FT colleague Emma Jacobs, about the corporate care culture. She is a little more skeptical.

    We would love to hear from you - email us at workingit@ft.com. You can also follow @isabelberwick on Twitter and Instagram or reach out via email: isabel.berwick@ft.com. Thanks.

    Mentioned in the podcast and other interesting reading:

    Emma Jacobs’ prophetic pre-pandemic guide to workplace wellness by app: https://www.ft.com/content/d1d58aae-437c-11ea-abea-0c7a29cd66fe

    FT series, Burnout: https://www.ft.com/burnout

    Deloitte report [2020] on employee mental health showing £5 benefit for every £1 spent: https://www2.deloitte.com/uk/en/pages/consulting/articles/mental-health-and-employers-refreshing-the-case-for-investment.html

    Video, Emma Jacobs on how to detox from your smartphone: https://www-ft-com.newman.richmond.edu/video/b4115321-b915-3a42-9…

  19. 4 - Inside ESG: Sustainable finance and the threat to divest

    20 oktober 2021 · 24 min

    Afspelen
    If you want your investments to match your principles should a threat to divest be part of your long-term strategy? Lees meer

    In the fourth episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, the story of the California State Teachers' Retirement System, or Calstrs, and why its decision to divest from the US private prisons industry prompted tears and passionate discussion on the board.

    Joe Rennison, deputy US markets editor, assesses the long-term impact that divestment can have on companies, while Moral Money’s Patrick Temple-West, Attracta Mooney, the FT’s investment correspondent, and Lindsay Frost, a senior reporter at Agenda, an FT publication about the corporate board space, explain why divestment presents a conundrum for investors and whether passive investment funds are really compatible with ESG investing.

    JPMorgan funds invested in CoreCivic debt after vow to stop financing private prisons

    Bond funds wrestle with human rights dilemma

    Divestment Concerns Creep In for More Industries

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Review clips: Calstrs, NBC, Global News, PBS, AP, CBC News, The Guardian, CSPAN

    Hosted on Acast. See acast.com/privacy for more information.

  20. 4 - Inside ESG: Sustainable finance and the threat to divest

    20 oktober 2021 · 24 min

    Afspelen
    If you want your investments to match your principles should a threat to divest be part of your long-term strategy? Lees meer

    In the fourth episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, the story of the California State Teachers' Retirement System, or Calstrs, and why its decision to divest from the US private prisons industry prompted tears and passionate discussion on the board.

    Joe Rennison, deputy US markets editor, assesses the long-term impact that divestment can have on companies, while Moral Money’s Patrick Temple-West, Attracta Mooney, the FT’s investment correspondent, and Lindsay Frost, a senior reporter at Agenda, an FT publication about the corporate board space, explain why divestment presents a conundrum for investors and whether passive investment funds are really compatible with ESG investing.

    JPMorgan funds invested in CoreCivic debt after vow to stop financing private prisons

    Bond funds wrestle with human rights dilemma

    Divestment Concerns Creep In for More Industries

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Review clips: Calstrs, NBC, Global News, PBS, AP, CBC News, The Guardian, CSPAN

    Hosted on Acast. See acast.com/privacy for more information.

  21. 3 - Inside ESG: The tiny fund that took on a US giant and won

    6 oktober 2021 · 19 min

    Afspelen
    The story of how a tiny, unknown hedge fund took on a giant of corporate America over climate change - and won. Charlie Penner of Engine No 1 talks about the very public proxy campaign he launched against Exxon Mobil, forcing the oil major to prepare for a future free of fossil fuels. Lees meer

    In the third episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, Derek Brower, US energy editor, and Attracta Mooney, the FT’s investment correspondent, reflect on whether the battle between Engine No 1 and Exxon marks the beginning of a new kind of activist investor.

    Engine No 1, the giant-killing hedge fund, has big plans

    DWS probes spark fears of greenwashing claims across investment industry

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Review clips: The Sun, Channel 4 News, Euronews, PBS Newshour, GMA, CNN, CNBC, ExxonMobil

    Hosted on Acast. See acast.com/privacy for more information.

  22. 2 - Inside ESG: Can businesses really marry profit and purpose?

    23 september 2021 · 22 min

    Afspelen
    Milton Friedman, the renowned American economist and spiritual mentor of many entrepreneurs, argued that the social responsibility of business was to increase profits. This has been the gospel since the early 1970s, but companies and investors are beginning to rethink the purpose of business. Has the sun really set on the Miltonian era? Lees meer

    In the second episode of our special five-part series produced in partnership with the Moral Money team, Leila Abboud, the FT’s Paris correspondent, and Gillian Tett, the FT’s US editor-at-large, tell the story of Emmanuel Faber, the former CEO of Danone who embraced environmental, social and governance (ESG) causes - and then was ousted eight years later. Turns out there was more to the story than first meets the eye.

    The fall from favour of Danone’s purpose-driven chief

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Review clips: CNBC, Danone, British Pathé, IMAGINE, France 24

    Hosted on Acast. See acast.com/privacy for more information.

  23. 1 - Inside ESG: Is the $1.7tn wave of sustainable investing hope or hype?

    23 september 2021 · 23 min

    Afspelen
    When Tariq Fancy joined BlackRock as its first chief investment officer for sustainable investing in 2018, he was convinced that with companies around the world, including the world’s biggest asset manager, embracing environmental, social and governance (ESG) causes, the stage was set to reform capitalism. As a former Wall Street banker, he’d been hired by Blackrock after setting up his own digital learning non-profit group in Canada. But just two years after joining Blackrock, he left his job. So what went wrong? Lees meer

    In the first episode of our special five-part series produced in partnership with the FT’s Moral Money team, Gillian Tett, the FT’s US editor-at-large, and Andrew Edgecliffe-Johnson, the FT’s US business editor, explore the idea that the trillions of dollars that have flowed into ESG investments represent a once-in-a generation shift in the business consensus. Can it be true that ESG investing can address some of the world’s most-pressing problems, including climate change and inequality?

    Check out stories and up-to-the-minute news from the Moral Money team here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Review clips: AP, KPIX CBS, CNBC, CNN, The Telegraph, PayPal

    Hosted on Acast. See acast.com/privacy for more information.

  24. Trailer: Inside ESG

    23 september 2021 · 2 min

    Afspelen
    Behind the Money presents a special 5-part series produced in partnership with the FT’s Moral Money team that goes inside the colossal sums flowing into sustainable investing. Lees meer

    Trillions have flooded into funds that have made environmental, social and governance issues, or ESG, central to their investment strategies. As the world begins slowly to recover from the multiple shocks of the pandemic, we take listeners to the center of a loaded debate: Will a shift to more sustainable investments actually help create a more resilient and equitable future - or is ESG just a powerful marketing ploy?

    Check out stories and up-to-the-minute news from the Moral Money team on the whole world of socially responsible business, sustainable finance, and ESG trends here.

    Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesg

    Hosted on Acast. See acast.com/privacy for more information.

  25. Introducing Tech Tonic: You Can’t Always Get What you Quant

    19 juli 2021 · 28 min

    Afspelen
    Introducing the FT Tech Tonic podcast. You can subscribe and listen to the rest of the series here. Lees meer

    From picking the best stocks to listening in on earnings calls, AI-powered systems are changing finance. But how big are the rewards, really? And what are the risks? In this episode Robin Wigglesworth tells us how AI has been used in investing, what happens when programs must adapt to new risks and what the robots could learn from watching children play.

    Alice Fordham is senior producer. Josh Gabert Doyon is assistant producer. Oluwakemi Aladesuyi and Liam Nolan are the development producers. Sound design and mixing by Breen Turner. Cheryl Brumley is the executive producer for this series. Original scoring composed by Metaphor Music.

    Review clips: Alphabet, Netflix, Amazon, Man Group.

    Hosted on Acast. See acast.com/privacy for more information.

  26. Financial services after Brexit

    9 december 2020 · 23 min

    Afspelen
    The City of London is home to some of the world’s biggest banks and busiest exchanges but the UK is just weeks away from leaving the EU single market and many questions about access to the bloc are still unresolved. Philip Stafford, editor of FT Trading Room, and Stephen Morris, the FT’s banking editor, take a look at the future of financial services after Brexit. Lees meer

    Review clips: BBC News, CNBC, EU 27

    Read more on the FT’s coverage of Brexit here:

    Brexit trade talks: the three big sticking points explained

    Europe’s finance sector hits ‘peak uncertainty’ over Brexit

    Hosted on Acast. See acast.com/privacy for more information.

  27. Moderna’s race to the vaccine

    2 december 2020 · 19 min

    Afspelen
    The Boston-based biotech eschewed a traditional approach to vaccine development, instead pitching its use of mRNA technology to investors. That pitch paid off this year as the company stands to be one of the first to bring a Covid-19 vaccine to market. Hannah Kuchler, the FT’s US pharma and biotech correspondent, reports on Moderna’s race to find an immunisation for the novel coronavirus. Lees meer

    The FT is making key coronavirus coverage free to read for everyone. Go to ft.com/coronavirusfree to read the latest.

    Read more here: Moderna’s Covid vaccine offers vindication of its unconventional approach

    Review clips: Yahoo Finance, CNBC

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  28. Reckoning with a colonial past

    26 november 2020 · 26 min

    Afspelen
    As protests following the killing of George Floyd in the US reverberated around the world this summer, Belgium, like many other countries, experienced its own reckoning: with a brutal colonial past, with the systemic racism that inhibits its black citizens today and with the question of what exactly it owes to the Democratic Republic of Congo, which it exploited for 75 years. The FT's Neil Munshi reports on the company at the heart of Belgium's colonial pursuit, the Union Minière. Lees meer

    Read Neil's FT Magazine story here: https://www.ft.com/content/a17b87ec-207d-4aa7-a839-8e17153bcf51.

    Special thanks to Heleen Debeuckelaere, Elli Fernandes, Mohamed Barrie and Jeroen Laporte.

    Review clips: Deutsche Welle, CBS News, France 24, NBC News, Reuters, Al Jazeera English, Getty Images, British Pathé.

    Hosted on Acast. See acast.com/privacy for more information.

  29. The unravelling of the Ant IPO

    18 november 2020 · 18 min

    Afspelen
    The IPO of Jack Ma's Ant Group would have been the largest in history: it was expected to raise $37bn at a valuation of $316bn. But just days before the stock market listing, China called it off. The FT's Ryan McMorrow and Hudson Lockett report on what led to Beijing pulling the plug, and what it means for China's private sector. Further reading: 'The party is pushing back': why Beijing reined in Jack Ma and Ant. Lees meer

    Review clips: Reuters, World Economic Forum, CNA, Bloomberg, Yahoo Finance.

    Hosted on Acast. See acast.com/privacy for more information.

  30. An economic uncoupling

    11 november 2020 · 23 min

    Afspelen
    Tensions between Washington and Beijing are beginning to resemble a new cold war. Could the complex supply chains built up over a generation that produce Apple's iPhone and other electronics soon be untangled? In this episode Kathrin Hille, the FT’s greater China correspondent, and Richard Waters, the FT’s west coast editor, tell the story of how technology supply chains in the US and China became intertwined and the forces that are pulling them apart. Lees meer

    Review Clips: CNBC, CSPAN, Washington Post, The Guardian, Reuters, Dallas Morning News, ZDF “Looking for Freedom” WMG (1989)

    Read more from Kathrin Hille

    The great uncoupling: one supply chain for China, one for everywhere else

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  31. US election programming note

    4 november 2020 · 1 min

    Afspelen
    There is no episode of Behind the Money this week. Here is a preview of what we are working on for next week. Lees meer

    Review Clips: C-SPAN, CNBC, Dallas Morning News

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  32. Direct lending rush

    28 oktober 2020 · 22 min

    Afspelen
    The pandemic docked Carnival’s cruise ships and grounded Bombardier’s planes. But when the companies were in need of cash, one went to the bond market and the other to a direct lender. Robert Smith, FT capital market correspondent and Nikou Asgari, FT corporate finance reporter, tell the story of the billion dollar private debt deals shaping who has the capital to weather the crisis. Lees meer

    Review Clips: CNBC, Reuters, ABC News

    Read more from Nikou, Rob and the rest of the corporate finance team

    Covid-linked debt rush ignites direct lending market

    Asset managers in $300bn drive to build private lending funds

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  33. Bank profits in a recession

    21 oktober 2020 · 19 min

    Afspelen
    The market volatility of the past few months has been a boon for the trading divisions of many Wall Street banks, including Morgan Stanley. Laura Noonan, the FT’s US banking editor, explains how success in trading, and a focus on wealth management has positioned Morgan Stanley to make gains during the pandemic - and whether this trend is likely to last. Lees meer

    --

    Review clips: CNBC, PBS, Federal Reserve

    Read more on Laura’s Noonan reporting on Morgan Stanley - https://www.ft.com/content/22d7c870-870d-4423-bd6f-6e384961f997

    Find out what the latest polls say about U.S. voter sentiment towards the economy with FT Washington correspondent Lauren Fedor, Peter Spiegel, the FT’s US managing editor and Michael Peterson of the Peter G. Peterson Foundation. The event takes place Monday, October 26 at 12 pm ET. Register here - https://nerpreelectioneconomy.live.ft.com/?segmentId=8f3615ce-4cbc-7122-a54d-8ed636f79675

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  34. LVMH, Tiffany and a case of buyer’s remorse

    14 oktober 2020 · 23 min

    Afspelen
    Bernard Arnault built a €210bn luxury empire through an unflinching acquisition strategy that earned him the “wolf in cashmere” moniker. Tiffany, famous for its robin-egg blue boxes and diamond engagement rings, was meant to be the jewel atop his LVMH luxury group. The takeover would have been the largest-ever in the luxury sector, until the pandemic hit. The FT’s Leila Abboud, Arash Massoudi and James Fontanella-Khan unwind the saga of how the $16.6bn deal has hit rocky ground and how the pandemic and the forthcoming legal battle could change the terms of M&A engagement globally. Lees meer

    Review clips: CNBC, PBS, Viva Technology

    Read more from Leila, Arash and James - https://www.ft.com/content/72af09b4-12a4-45ad-86ca-919d38e279e8

    Find the FT’s Due Diligence newsletter - https://www.ft.com/due-diligence

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  35. Mafia high finance

    7 oktober 2020 · 20 min

    Afspelen
    While reporting on the coronavirus crisis in northern Italy this year, Rome correspondent Miles Johnson discovered an equally concerning story in the country’s south. Italy’s most powerful organised crime group, the ‘Ndrangheta, had infiltrated local hospitals and packaged millions of plundered euros into global investment funds and portfolios. In the first episode of Behind the Money’s fourth season, Miles follows the money trail in a cautionary tale for the era of ultra-low interest rates. Lees meer

    Read Miles’ full investigation here: https://www.ft.com/content/8850581c-176e-4c5c-8b38-debb26b35c14.

    Hosted on Acast. See acast.com/privacy for more information.

  36. We're back with a new season

    30 september 2020 · 1 min

    Afspelen
    Episodes will be released weekly starting Wednesday October 7. Lees meer

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  37. Wirecard: how to find a €2bn hole

    14 juli 2020 · 23 min

    Afspelen
    In September 2014, the FT’s Dan McCrum received a tip about a fast-growing German fintech group, Wirecard. Over the next couple of years Dan and his colleagues uncovered the secret behind the payment company’s meteoric growth: many of the customers listed in company documents did not exist. In this episode Dan tells the story of the whistleblowers, shoe-leather reporting, hacking, suspected surveillance and legal threats that led to Wirecard’s downfall. Lees meer

    ---

    Review clips: CNBC, Deutsche Welle

    Further reading:

    The double life of Wirecard’s Jan Marsalek https://www.ft.com/content/511ecf86-ab40-486c-8f76-b8ebda4cc669

    Inside Wirecard

    https://www.ft.com/wirecard

    Dan’s 2015 story for Alphaville

    https://ftalphaville.ft.com/2015/04/27/2127427/the-house-of-wirecard/

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  38. Rent, real estate and the commercial mortgage market in the age of coronavirus

    26 juni 2020 · 16 min

    Afspelen
    In the US, commercial mortgage backed securities are a $1.2tn market, and an integral part of how banks lend to commercial property owners. But as the pandemic and subsequent lockdowns changed almost every sector of the economy, commercial real estate has changed too. Hotels and retailers have been hit hard by the shutdown, and mortgage and rent payments they have deferred are coming due. The FT’s Joe Rennison explains what this means for the CMBS market. We also hear from two people who are helping lenders and landlords deal with the upheaval. Lees meer

    Hosted on Acast. See acast.com/privacy for more information.

  39. A history of police funding

    13 juni 2020 · 22 min

    Afspelen
    When a Minneapolis police officer killed George Floyd, it was as if a fire was ignited. His death, along with the killings of Breonna Taylor and Ahmaud Arbery have sparked the most widespread protests in the US since 1968. Hundreds of thousands of people have marched under banners such as “Black Lives Matter”, “No Justice, No Peace” and “Say Their Names”. Now, the voices of activists are converging around a call to “defund the police”. In this episode, we hear from Rachel Harmon, a professor of law at the University of Virginia, and Vesla M Weaver, a professor of political science and sociology at Johns Hopkins University, about the role the federal government, and federal funding, have played in transforming policing in the US. Lees meer

    ---

    To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/behindthemoneycovid or https://www.ft.com/newsletter-signup/coronavirus?segmentId=12f1abd6-6f16-e2df-e4ff-7aaa9346f98e.

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  40. A programming note

    9 juni 2020 · 1 min

    Afspelen
    An update on this week's episode Lees meer

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  41. The private equity bet that coronavirus cut short

    26 mei 2020 · 19 min

    Afspelen
    Last December executives at the Carlyle Group worked into the night to sign what they imagined would be one of the private equity firm’s most enduring deals. In 2020, however, there may be no such thing as a stable business. Carlyle is now trying to walk away from a deal with American Express Global Business Travel before any money has changed hands. Our US private capital correspondent, Mark Vandevelde, reports on the ensuing legal row, and what it could mean for dealmaking during the pandemic. Lees meer

    To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/behindthemoneycovid or https://www.ft.com/newsletter-signup/coronavirus?segmentId=12f1abd6-6f16-e2df-e4ff-7aaa9346f98e.

    A few stories for further reading:

    Inside Carlyle’s ‘long-term’ Amex bet that coronavirus cut short (paywall): https://www.ft.com/content/e710b3dc-3eba-4227-9258-6a678d66f6e1

    Apollo: how a private equity giant is navigating the crisis (paywall): https://www.ft.com/content/6fce9808-84ab-11ea-b555-37a289098206

    Coronavirus: private equity’s bailout moment (paywall): https://www.ft.com/content/f7cc82d7-70b9-40c3-b4a0-815ebc5d99d5

    Hosted on Acast. See acast.com/privacy for more information.

  42. When coronavirus hit America's meat industry

    12 mei 2020 · 19 min

    Afspelen
    This was supposed to be a record year for the US meat industry. But when coronavirus hit the meat-packing plants, it exposed a vulnerable link in the supply chain. We take a look at how our meat gets from the farm to the supermarket, and ask what the fall in production could mean for the US-China trade truce. With the FT’s Gregory Meyer. Lees meer

    To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/behindthemoneycovid.

    Further reading:

    Coronavirus: return to work divides US meat industry (paywall)

    https://www.ft.com/content/f6e2b4ad-4a62-4c6f-8348-38704e3e81f6

    Tyson Foods warns of sales declines and rising costs (paywall)

    https://www.ft.com/content/f0b4f894-cd46-44f2-b7b0-10707de449db

    John Tyson laments breakdown of meat system his family pioneered (paywall)

    https://www.ft.com/content/82c2f5fa-1070-4388-853b-a2ed430fbf04

    Pandemic accelerates shift to meat substitutes (paywall)

    https://www.ft.com/content/0127984a-6def-4040-9bca-002b6ffd4e0a

    ---

    On 12-14 May, the Financial Times, in partnership with TNW, will gather the most senior global decision makers and leading minds in policy, business, tech and finance for three days of online conversations with top FT journalists, analysing the impact of the pandemic across global economies, industries and markets, and outlining what is required to shape the optimal conditions for recovery at this most challenging of times. Register at globalboardroom.ft.com.

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  43. Missing out on the US small business rescue

    28 april 2020 · 21 min

    Afspelen
    The Trump administration’s small business bailout programme has been plagued by problems from the start, with complaints that large companies crowded out the kinds of small enterprises and independent contractors it was designed to help. With a fresh round of funding on offer from Washington, we hear from several business owners trying to get their share, as well as the FT’s Laura Noonan who has been reporting on the programme since it launched. Lees meer

    To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/behindthemoneycovid.

    A few stories for further reading:

    US small business rescue fund strained by rush of claims

    https://www.ft.com/content/0467d0e1-6814-4cc4-ad4b-e25c80169466

    Can Congress save US small businesses? FT reporters answer your questions

    https://www.ft.com/content/55b0f191-5ea2-4762-bf8c-13d6a11e61ed

    ‘Where is my loan?’ Small businesses miss out on US rescue funds

    https://www.ft.com/content/e6a06f94-5d2f-43a0-8aac-c7adddca0b0e

    ----

    You might also be interested in a three-day digital conference hosted by the Financial Times. On 12-14 May, the FT, in partnership with TNW, will gather the most senior global decision makers and leading minds in policy, business, tech and finance for three days of online conversations with top FT journalists, analysing the impact of the pandemic across global economies, industries and markets, and outlining what is required to shape the optimal conditions for recovery at this most challenging of times. Register at globalboardroom.ft.com.

    Hosted on Acast. See acast.com/privacy for more information.

  44. Running a small business during a global pandemic

    14 april 2020 · 20 min

    Afspelen
    Mauren Pereira's drapery business was on track for its most financially successful year to date. That was until the coronavirus outbreak reached Virginia. Behind the Money reports on how one small business owner is navigating the current economic crisis. With Brendan Greeley, US economics editor for the Financial Times. Lees meer

    We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

    Hosted on Acast. See acast.com/privacy for more information.

  45. Ford, GM and the corporate dash for cash

    31 maart 2020 · 19 min

    Afspelen
    When credit markets seized up earlier in March, more than 130 companies rushed to their lenders to draw down at least $124bn of emergency credit lines to shore up cash, with Ford and General Motors drawing the largest amounts. We look at how the auto industry is preparing for the economic uncertainty that lies ahead. With the FT's Peter Campbell and Gillian Tett. Lees meer

    We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

    Hosted on Acast. See acast.com/privacy for more information.

  46. We want to hear from you

    26 maart 2020 · 1 min

    Afspelen
    Behind the Money wants to hear from you, our listeners, about how the coronavirus pandemic is impacting your business and your work life. Email us at behindthemoney [at] ft.com Lees meer

    Hosted on Acast. See acast.com/privacy for more information.

  47. Barclays and the legal fight over a company’s ‘controlling mind’

    17 maart 2020 · 29 min

    Afspelen
    A costly investigation into the conduct of senior UK bankers during the financial crisis has raised questions about what it means to prosecute allegations of corporate crime, and whether Britain’s fraud laws need overhauling. With the FT’s Caroline Binham and Jane Croft. Lees meer

    We want to hear from you. Please go to ft.com/behindthemoneysurvey and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.

    Read more from Jane and Caroline here:

    Barclays: the legal fight over a company’s ‘controlling mind’

    https://www.ft.com/content/f666b592-5a4b-11ea-abe5-8e03987b7b20 (paywall)

    Review clip: Sky News

    Hosted on Acast. See acast.com/privacy for more information.

  48. Shale's looming credit crunch

    3 maart 2020 · 21 min

    Afspelen
    More than 10 years on from the early days of the US shale boom, bankruptcy risks are rising across the sector. The FT's US energy editor, Derek Brower, reports on what weak oil prices and tightening access to credit are doing to the outlook for some producers. Lees meer

    Further reading:

    Bankruptcy risks rise for US shale (paywall)

    https://www.ft.com/content/76c15898-52a2-11ea-90ad-25e377c0ee1f

    US energy sector, shunned by investors, has ‘Pearl Harbor’ moment (paywall)

    https://www.ft.com/content/254bf634-5677-11ea-abe5-8e03987b7b20

    Chesapeake Energy raises doubt over its ability to survive (paywall)

    https://www.ft.com/content/46ffa4fc-ffe6-11e9-be59-e49b2a136b8d

    The US shale revolution (paywall)

    https://www.ft.com/content/2ded7416-e930-11e4-a71a-00144feab7de

    The clip of Aubrey McClendon is credited to the Switch Energy Alliance.

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  49. How Boeing plans to return the Max to the skies

    18 februari 2020 · 25 min

    Afspelen
    Nearly one year after the grounding of Boeing's 737 Max jet, more than 700 of these planes remain on the ground, with costs to the US manufacturing giant estimated to reach nearly $20bn. The FT's Claire Bushey reports on how the crisis unfolded, and what it will take for the aerospace company to return business as usual. Lees meer

    Further reading:

    Boeing tightens its belt as Max crisis drains cash (paywall)

    https://www.ft.com/content/949eea64-3e44-11ea-a01a-bae547046735

    Boeing faces Max hurdle as pilot confidence crumbles (paywall)

    https://www.ft.com/content/2c0419cc-3983-11ea-a6d3-9a26f8c3cba4

    Aviation: Boeing parks its 737 aspirations (paywall)

    https://www.ft.com/content/ad45dd3e-2314-11ea-92da-f0c92e957a96

    Grounding a global fleet: Boeing faces its greatest challenge (paywall)

    https://www.ft.com/content/53b2142a-4711-11e9-b168-96a37d002cd3

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  50. Season 3 coming in 2020

    17 december 2019 · 1 min

    Afspelen
    A brand new season of Behind the Money with the Financial Times is coming in early 2020. Subscribe now so you don't miss an episode. Lees meer

    Hosted on Acast. See acast.com/privacy for more information.