FT News Briefing

Spain in political limbo

Credit Suisse has been fined $388mn by US and British regulators, and Spain is facing an uncertain political future as the right and left failed to secure a clear path to forming a government. Plus, Top US consultancies are struggling to attract business in China as Beijing’s national security raids scare away local clients. Mentioned in this podcast:<a href="https://on.ft.com/470Rp6Y" rel="noopener noreferrer" target="_blank">Credit Suisse fined $388mn over Archegos collapse</a><a href="https://on.ft.com/44E6tFV" rel="noopener noreferrer" target="_blank">Spain faces uncertain political future after election deadlock</a><a href="https://on.ft.com/3O9dN5g" rel="noopener noreferrer" target="_blank">Work dries up for US consultancies in China after national security raids</a><a href="https://on.ft.com/3DrF2TT" rel="noopener noreferrer" target="_blank">LVMH becomes late addition to running order of Paris Olympic sponsors</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, 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/7dadcdc6-cb36-4319-bc1c-3021b5cfe9a3" 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.