UBS bets on the US

OpenAI has discussed giving a 5 per cent stake to the US government, UBS will start trialling everyday banking services for its American employees within months, and dealmaking hit record levels in the first half of the year. Plus, many Russians are angry that the Ukraine war is now playing out on their territory.

Mentioned in this podcast:

OpenAI proposes handing Trump administration 5% stake

UBS to trial US banking services in push for wealthy American clients

Mega takeovers drive record $2.8tn in dealmaking

Putin admits Ukrainian drones are causing ‘problems’

Putin ties himself to ruling party as war fatigue bites

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