FT News Briefing
UK to curb Huawei’s 5G role, WeWork says it’s on track for profits in 2021, OCC warning
Mon, 13 Jul 2020
Boris Johnson is set to unveil plans this week to phase Huawei out of the UK’s 5G mobile phone networks, WeWork’s executive chairman tells the Financial Times that the company is on track to have positive cash flow in 2021, and the new head of the US Office of the Comptroller of the Currency warns banks about using coronavirus as cover to shut branches or to win permanent concessions from regulators. Plus, the FT’s US banking editor, Laura Noonan, tells us what to expect when Wall Street banks report quarterly earnings this week. Hosted on Acast. See acast.com/privacy for more information.
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