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Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Published 2 years, 7 months ago

Description

On today's podcast:

(1) Netanyahu told Israelis a ground invasion is being prepared as the country's military continues to target Hamas's leadership in Gaza.

(2) US President Joe Biden said he asked Israel to delay a ground invasion of Gaza to assist in the return of hostages held by Hamas.

(3) Morgan Stanley selected Ted Pick to become its new chief executive officer, succeeding James Gorman after a 14-year run that reshaped the Wall Street bank.

(4) BNP Paribas posted weaker revenue from fixed-income trading in the third quarter, adding to evidence that European banks underperformed their Wall Street counterparts.

(5) Meta has dashed investors' hopes for a long-term advertising recovery, saying it is at the whim of an uncertain economic environment.

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