FT News Briefing

Loan losses mount for US banks

Israel is set to start voting on controversial judicial reforms on Monday and the largest US banks are expected to report the biggest jump in loan losses since the onset of the pandemic. Plus, global manufacturers are shifting business out of China to Vietnam.  Mentioned in this podcast:<a href="https://on.ft.com/3pE0T7d" rel="noopener noreferrer" target="_blank">Benjamin Netanyahu faces fresh wave of resistance to Israeli judicial reform plans</a><a href="https://www.ft.com/content/9a7e9746-516b-4d37-a966-97259ec8aca6" rel="noopener noreferrer" target="_blank">Wall St to report biggest jump in loan losses since pandemic</a><a href="https://on.ft.com/3D0WlLi" rel="noopener noreferrer" target="_blank">Vietnam becomes vital link in supply chain as business pivots from China</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, 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/18f376b7-46e9-4479-8a5c-0936cec1e766" 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.