The Trump administration is paving the way for more US bank mergers, and China’s online retail giants are losing some key customers. Plus, the race to replace Federal Reserve Chair Jay Powell is heating up, and the UK is trying to make financial advice more accessible.

Mentioned in this podcast:

Deal hunger stirs among US banks

US shoppers ditch Shein and Temu as Trump closes tax loophole

White House says decision on nominating next Fed chair not ‘imminent’

UK launches biggest financial advice shake-up in more than a decade

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Ethan Plotkin, and Marc Filippino. Additional help from Alexander Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Some members of the UK's parliament fight back against proposed welfare cuts, and early intelligence suggests Iran’s uranium stockpile is still intact, officials say. Plus, the rise of sports gambling in Nigeria is being powered by social media influencers.

Mentioned in this podcast:

Early intelligence suggests Iran’s uranium largely intact, European officials say

A defeat Keir Starmer cannot afford

Keir Starmer in talks with rebel MPs in bid to head off welfare revolt

The football betting influencers behind Nigeria’s not-so secret gambling boom

Send me your questions for the Swamp Notes podcast: marc.filippino@ft.com. We may even play your voicemail on the show.

Today’s FT News Briefing was produced by Henry Larson, Sonja Hutson, Kasia Broussalian, and Marc Filippino. Additional help from Kelly Garry, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capital requirements for America’s biggest banks, and accounting firms are ready to open up to public markets. Plus, why US stocks are unfazed by the Israel-Iran conflict.

Mentioned in this podcast:

The US, Iran and markets

The markets are silent — that is worrying

Federal Reserve unveils plans to reduce capital rules imposed after 2008 crisis

Accounting sector prepares for more IPOs after private equity binge

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.