FT News Briefing

Sam Bankman-Fried takes the stand

FTX founder Sam Bankman Fried gave a preview of his defence against fraud charges, the US is worried that Iran and its proxies will escalate attacks on American forces in the Middle East, and the FT’s Josh Franklin explains what Morgan Stanley’s leadership change means for the company.  Mentioned in this podcast:<a href="https://on.ft.com/3s8OObu" rel="noopener noreferrer" target="_blank">Sam Bankman-Fried previews ‘advice of counsel’ defence in FTX fraud trial</a><a href="https://on.ft.com/3QyJ2sU" rel="noopener noreferrer" target="_blank">Morgan Stanley makes its choice: how Ted Pick won the succession race</a><a href="https://on.ft.com/3SgUdbg" rel="noopener noreferrer" target="_blank">US moves to deter Iran ahead of Israel’s invasion of Gaza</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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. <a href="https://www.ft.com/content/4a21855b-1d60-4dcc-b0f6-8e51224ccd7a" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.