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France's Macron Floats Big Bank Takeovers In Exclusive Interview | Bloomberg Daybreak: Europe...
Posted
May 14, 2024
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May 14, 2024
262
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28:54Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) President Emmanuel Macron says he would be open to seeing a major French bank being taken over by a European Union rival in order to spur the deeper financial integration he sees as critical for the bloc's future prosperity.
(2) Goldman Sachs Chair and CEO David Solomon discusses France becoming more business friendly and the outlook for Europe.
(3) Bank of America Chairman and CEO Brian Moynihan says US consumers, helped by wage growth, remain in good shape even amid elevated interest rates.
(4) The UK and Saudi Arabia will host a joint summit in Riyadh today, aimed at boosting economic ties between the two countries as negotiations continue over a broader trade deal between Britain and the Gulf states.
(5) Anglo American has rejected a second approach from BHP that valued the miner at $43 billion, as pressure builds on the 107-year old company to lay out a compelling vision to survive on its own.
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