Josh Franklin

Josh Franklin, U.S. Banking Editor covering JPMorgan’s strategy and Dimon’s $2bn-a-week plan. Miles McCormick, U.S. economics correspondent on tariff revenue, refunds and voter-facing affordability. Peter Foster, World Trade Editor on global trade policy and implications for deals. They discuss the Supreme Court ruling’s fallout for tariffs, who pays, refund fights and international ripple effects.

Josh Franklin, U.S. banking editor focused on regulation and bank stability, and Patrick Temple-West, U.S. pharma correspondent tracking obesity and diabetes drugs, discuss Novo Nordisk’s lawsuit over alleged copycat weight-loss pills. They also cover gilts’ market moves, France’s central bank chief stepping down, and U.S. debate on boosting deposit insurance to prevent another SVB-style run.

In this discussion, Andrew England, FT Middle East editor, delves into the unrest in Iran, highlighting protest dynamics and the government's crackdowns. He discusses the uncertainties surrounding reform efforts and potential US responses. Meanwhile, Josh Franklin, FT U.S. banking editor, explores the upcoming earnings season on Wall Street, revealing expectations for a booming investment banking year and the pent-up demand for M&A activity. He also considers the risks banks face with potential opportunities in Venezuela.

Josh Franklin, U.S. banking editor at the Financial Times, delves into JPMorgan's strategic withdrawal of nearly $350bn from Fed reserves to buy Treasuries, emphasizing the liquidity risks involved. Rachel Reese, a Markets reporter, highlights the bullish sentiment among investors as fund managers' cash holdings plummet to record lows amid an AI-driven stock market surge. They also discuss the implications of rising unemployment and the intriguing rally in Venezuela's defaulted bonds tied to hopes for regime change.

FT's US banking editor, Josh Franklin, discusses Morgan Stanley's CEO push for an 'integrated firm' model. They explore challenges in the banking industry, short the US housing market, and share insights on summer in NYC.