Vladimir Putin has allowed a group of western asset managers and hedge funds to offload Russian securities left in limbo by Moscow’s invasion of Ukraine, an FT analysis found that US listings often fail to boost companies’ valuations, and the Financial Conduct Authority is to ban Crispin Odey from the financial services industry. Plus, tech giant Jack Ma used artificial intelligence to fuel a major turnaround at Alibaba.
Mentioned in this podcast:
Putin lets western investors sell some Russian shares ahead of Trump talks
US listings often fail to boost European companies’ valuations
FCA to ban Crispin Odey from financial services industry
How Jack Ma’s pivot to AI rehabilitated Alibaba
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. 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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