HSBC's cost savings and strategy

Nvidia beat Wall Street’s estimates on Wednesday as the company continued to benefit from the boom in AI infrastructure, and HSBC is on track to deliver cost savings earlier than planned. Plus, Iran looks to tempt US President Donald Trump with investments in order to stave off war, and the FT’s Robert Smith explains how Deutsche Bank rolled out the red carpet for Jeffrey Epstein. 

Mentioned in this podcast:

Nvidia rallies on robust earnings powered by AI investment boom

HSBC shares hit record as bank accelerates cost savings and lifts target

Iran to offer ‘commercial bonanza’ to US companies

How Deutsche Bank rolled out the red carpet for Jeffrey Epstein

Note: The FT does not use generative AI to voice its podcasts 

Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon, Victoria Craig, and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. 

Read a transcript of this episode on FT.com

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