Joshua Franklin

Joshua Franklin, U.S. banking editor—explains JPMorgan’s interest in a historic NYC hotel. Jamie Smith, U.S. energy editor—breaks down Strait of Hormuz shutdowns and rising tanker insurance woes. They discuss Asia scrambling for alternative energy and drone strikes on Middle East data centres. Short, sharp takes on global energy shocks and strategic corporate moves.

Ben Hall, Europe editor at the Financial Times, shares insights into the critical Russia-Ukraine peace discussions, highlighting the impact of U.S. engagement and internal pressures on Zelensky. He discusses the stalled negotiations and security guarantees. Joshua Franklin, the U.S. banking editor, explains the surprising resurgence of voice trading in the U.S. Treasury market, detailing why it's preferable for complex trades despite the overarching shift towards electronic trading. Intrigue and finance collide in this compelling conversation!

Akilah Quinio, FT U.S. banking correspondent (Wells Fargo specialist), and Joshua Franklin, FT U.S. banking editor (banking and regulation expert). They discuss Wells Fargo’s bid to become a top-five investment bank. Topics include the 2016 scandal and its aftermath, the lifted asset cap, Charlie Scharf’s dealmaking hires, balance-sheet strategies, culture clash risks, early fee wins and what moves to watch next.

For more than 170 years, Wells Fargo built a reputation as an all-American Main Street lender. Now, it is charting a new path and pushing into investment banking, something that many other banks have tried and failed to do. The FT’s US banking editor Joshua Franklin and US banking correspondent Akila Quinio discuss what Wells Fargo does — and doesn’t have — going for it as it pursues this strategy.Clips from, CNN, CBS News, CNBC, CNN, HBO, KPIX, KRON4, NBC News, Wells FargoThe FT does not use generative AI to voice its podcasts.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Wells Fargo wants to be taken seriously as an investment bank. Will it succeed? Wells Fargo has finally shed its dunce capNetflix leans on $59bn bank loan to fund Warner Bros takeover - - - - - - - - - - - - - - - - - - - - - - - - - - Follow Joshua Franklin on X (@ftjfranklin). Akila Quinio is on X (@akilazoe). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The FT’s US banking editor, Joshua Franklin, discusses the clash between US banks and regulators over the proposed Basel III Endgame rules. Banks worry about potential harm to Americans, while regulators emphasize the need for safer banking practices. The podcast explores the impact of new regulations post-2008 financial crisis, the ongoing conflict between banks and the Fed, and the anticipation for changes in Basel III Endgame rules.