FT News Briefing

Crypto bank’s ‘crisis of confidence’

The pace of US jobs growth is set to have slowed further in December, and clients pulled $8.1bn in deposits from crypto-focused US bank Silvergate late last year. Plus, the FT’s Pilita Clark comments on the slow death of the company phone number.  Mentioned in this podcast:<a href="https://www.ft.com/content/aca45a96-8923-445b-b91a-0b81e093b1cd" rel="noopener noreferrer" target="_blank">Pace of US jobs growth set to have slowed again in December</a><a href="https://www.ft.com/content/69cd8629-278d-4cd5-a3e7-96d2f6c85f34" rel="noopener noreferrer" target="_blank">Silvergate shares tumble as crypto bank reveals $8.1bn fall in deposits</a><a href="https://www.ft.com/content/1ee2344e-b046-46cd-96b5-e73d80d64417" rel="noopener noreferrer" target="_blank">The strange death of the company phone number</a> 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.  <a href="https://www.ft.com/content/021c33b9-8fb5-404c-a8b7-1f131a34823d" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.