FT News Briefing London and Paris at impasse over migrants
Feb 9, 2022
Investors are putting pressure on Credit Suisse's vice-chair amid scandals. SoftBank's plans for listing Arm Holdings in the US are highlighted following a failed sale to Nvidia. The podcast dives into the escalating tensions surrounding the UK-EU migrant crisis, highlighting a political stalemate between the UK and France. It probes into the complexities of migration policies and the tragic consequences of inaction, showcasing the societal and political implications of this contentious issue.
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Investor Concerns at Credit Suisse
- Credit Suisse investors are pushing for the removal of Vice Chair Severin Schwan.
- They lack confidence in his ability to manage both the bank and Roche simultaneously.
SoftBank and Arm's Nasdaq Listing
- SoftBank's attempted sale of Arm to NVIDIA failed, raising concerns about British tech.
- Now, SoftBank might list Arm on Nasdaq, disappointing the U.K.
Arm and British Tech
- SoftBank's purchase of Arm post-Brexit was a vote of confidence in British industry.
- Listing Arm in New York offers a higher valuation than London.