Beijing’s big bailouts
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 29 March 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
JP Morgan CEO Jamie Dimon will testify about his bank’s relationship with Jeffrey Epstein, the Middle East is enjoying an IPO boom, China has expanded its bailout lending as its Belt and Road Initiative falters, and former FTX CEO Sam Bankman-Fried has been charged with bribery.
Mentioned in this podcast:
JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits
Middle East on ‘radar’ of global investors as it enjoys IPO boom
China grants bailouts as Belt and Road Initiative falters
US charges Sam Bankman-Fried with bribing Chinese officials
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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk. |
| 0:09.9 | Hey guys, over the past couple of weeks we've been telling you about FT edit. |
| 0:14.0 | It's this great app for your iPhone and iPad that gives you access to |
| 0:18.0 | eight of the FT's best stories every weekday. |
| 0:21.1 | Well today, Dr. Tim Spector is standing in as guest editor and he's curated |
| 0:26.3 | topics that are close to his heart like nutrition, |
| 0:29.1 | healthcare, science and sustainability. |
| 0:31.6 | He's also written a bonus article explaining why they're all so important. |
| 0:36.6 | You can read today's guest edit by Dr. Tim Spector completely free with no |
| 0:40.4 | obligation. Find the link to FT edit in our show notes. |
| 0:45.8 | Good morning from the Financial Times. Today is Wednesday, March 29th. |
| 0:49.4 | And this is your FT News Briefing. |
| 0:54.4 | The head of JP Morgan will testify over his bank's relationship |
| 0:57.9 | with Jeffrey Epstein and IPOs are hot in the Middle East. |
| 1:02.0 | Plus the FT's James King tells us why China has been issuing bailout loans to |
| 1:06.6 | countries in its overseas lending program. |
| 1:09.6 | The Chinese government needs to protect the loans that its own banks have made. |
| 1:15.9 | I'm Mark Filipino and here's the news you need to start your day. |
| 1:24.1 | Sources tell the FT that JP Morgan's CEO Jamie Diamond will testify under oath |
| 1:29.6 | about the bank's decision to keep Jeffrey Epstein on as a client. |
| 1:33.4 | The deposition follows two lawsuits. |
... |
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