Monday, April 8
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 8 April 2019
⏱️ 9 minutes
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | Good morning from the newsroom of the Financial Times. |
| 0:13.4 | Today is Monday, April 8th, and this is your FT news briefing. |
| 0:17.4 | First, an FT exclusive. Several Financial Times reporters interviewed Warren Buffett about what he, the largest |
| 0:26.0 | shareholder in Wells Fargo, thinks the U.S. Bank should do moving forward. |
| 0:30.9 | Next, Saudi Aramco's newest international bond issue is attracting tens of billions |
| 0:36.2 | of investor dollars and it hasn't even been sold yet. |
| 0:39.9 | Then, Kirsten Nielsen, the U.S. Secretary of Homeland Security, resigns from the Trump administration. |
| 0:45.8 | Plus, the FT's UK political editor George Parker talks about the upcoming week in British politics |
| 0:51.9 | ahead of the EU's emergency Brexit summit. |
| 0:55.0 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:59.0 | US Bank Wells Fargo is still trying to rebuild its image after a fake account |
| 1:08.4 | scandal. It turns out Wells Fargo Branch employees were opening accounts for customers |
| 1:13.2 | without their consent in order to hit incentive targets. |
| 1:16.5 | Wells Fargo cheated millions of people for years. That's U.S. Senator Elizabeth Warren in 2017, grilling Tim Sloane, then CEO of Wells Fargo. |
| 1:28.6 | And Mr. Sloane, you say you've been making changes at Wells Fargo for 30 years but you enabled this fake |
| 1:34.6 | account scam you got rich off it and then you tried to cover it up at best you |
| 1:39.6 | were incompetent at worst you were complicit and either way you should be fired. |
| 1:46.0 | Sloane stepped down as CEO in March and Alan Parker, the general counsel for Wells, has stepped |
| 1:51.1 | in on an interim basis. |
| 1:53.0 | So who will eventually lead Wells long term as it recovers from the scandal? |
... |
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