Can economic reform create a more level playing field for Black Americans?

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.4 • 1.2K Ratings

🗓️ 25 May 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Deutsche Bank is relocating 100 bankers from London to offices in the EU and Asia as Germany’s largest lender accelerates a corporate restructuring following Brexit, and France’s President, Emmanuel Macron, is caught between financial prudence and political reality as the French economy recovers with a presidential election looming on the horizon. And the US economy is recovering but unemployment among Black Americans is still much higher compared to other communities.

Deutsche accelerates overhaul of corporate bank after Brexit

https://www.ft.com/content/891b2482-e15e-4c2f-8e51-9a4271599dc0

Macron weighs economics versus politics in French reopening

https://www.ft.com/content/5fea422b-15a0-48a3-8a52-0113ece7db17

Economic reform crucial to improving the lives of black Americans

https://www.ft.com/content/377a163d-fdbf-4f11-bb4a-e26465f8c2aa

European groups pump money into Swedish ‘green steel’ start-up

https://www.ft.com/content/ee91775f-0310-4e1b-b162-ffdf6e066757?

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

Transcript

Click on a timestamp to play from that location

0:00.0	Good morning from the Financial Times.
0:01.6	Today is Tuesday, May 25th, and this is your FT News Briefing.
0:08.8	Deutsche Bank is moving jobs out of the UK,
0:11.9	and Emmanuel Macron is facing a balancing act
0:14.4	as the French economy emerges from the pandemic.
0:17.4	Plus, it's been one year since the murder of George Floyd
0:20.2	in a year of protests against systemic racism in the US.
0:23.7	But as the US economy recovers from the pandemic,
0:26.8	will black Americans see their lives improve as well?
0:29.7	Some people said maybe this crisis will be different,
0:32.6	but early indicators are showing that white Americans,
0:35.6	specifically white men, are the first ones to go back to work.
0:39.2	I'm Mark Filipino.
0:40.4	Here's the news you need to start your day.
0:48.7	Deutsche Bank is accelerating its post-Brexit staff changes.
0:52.4	Sources tell the FT that Germany's largest lender will relocate about a quarter of its staff
0:57.5	out of London.
0:58.8	About 100 bankers will be made redundant,
1:01.1	and their roles will be moved to the EU and Asia.
1:04.3	Behind the changes is the Brexit trade deal between the UK and the EU.
1:08.9	It largely overlooked financial services,
1:11.6	so some UK-based employees are unable to directly serve clients in the block.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.