Binance hid links to China

Social media giant Meta is deliberating a company-wide ban on political advertising in Europe, crypto exchange Binance hid substantial links to China, and UBS is bringing back Sergio Ermotti to lead the bank as it integrates Credit Suisse. Plus, the FT’s Eleanor Olcott explains why China’s ecommerce giant Alibaba is splitting into six business units.  Mentioned in this podcast:Meta bosses look at political ads ban in EuropeWhy UBS brought Sergio Ermotti back as chief executiveBinance hid extensive links to China for several yearsAlibaba bets on split to survive Chinese tech’s new battlefieldsBehind the Money podcast: Inside UBS’ takeover of Credit SuisseDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.