Twitter's Rebranding Makes NoSense

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Elaine Moore, deputy head of the FT's Lex column, joins Stephen Gandell for a look at new rules on bank capital. She asks: How much will this actually affect banks? And how important is it in preventing another financial crisis? We're now adding back in the unrealized losses that contributed to Silicon Valley. But there could be some other risk out there that we're somewhat underweighting.

The European Central Bank has raised interest rates back to their record high, and US bank regulators have advanced plans to impose more arduous capital requirements on the country’s large lenders. Plus, the FT’s Elaine Moore says the Twitter/X rebrand doesn’t make sense, but that’s kind of the whole point.

Mentioned in this podcast:

ECB raises interest rates back to record high

Regulators announce ‘Basel III endgame’ rules for large US banks

Twitter/X: maverick rebrand leaves Musk with a cross to bear

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Tom Stokes, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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