Bloomberg Daybreak Asia: Equities and Bitcoin Retreat (Podcast)

US equities retreated ahead of Nvidia earnings. Matt Sallee, Executive Vice President, Head of Investments at Tortoise Capital shares what he’s expecting across the AI trade. Bitcoin drops sharply from its October high. Kelvin Tay, Regional CIO for UBS Global Wealth Management, discusses what’s driving the price action of markets in the Asia Pacifc. Plus, ‘Baby Shark’ creator Pinkfong’s IPO in South Korea. Shares jumped as much as 62% on their trading debut as investors snapped up the studio behind YouTube’s most-viewed jingle.
https://www.bloomberg.com/news/audio/2025-11-18/bloomberg-daybreak-asia-equities-and-bitcoin-retreat-podcast

First Interstate BancSystem gains amid report of activist stake

First Interstate BancSystem (NASDAQ: FIBK) experienced a 4% increase in its stock price, partly following reports that activist investor HoldCo Asset Management has acquired a significant stake in the regional lender.

HoldCo Asset Management has reportedly urged First Interstate management to halt acquisitions and focus on repurchasing shares. The activist’s involvement signals potential strategic changes for the company moving forward.
https://seekingalpha.com/news/4505729-first-interstate-bancsystem-gains-amid-report-of-activist-stake?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news

Just one in three senior management roles held by women

Women hold just one in three senior management jobs in the UK, according to figures that highlight the ongoing lack of equality at the top levels of firms.

Research conducted by the Women in Work Summit and LinkedIn revealed that nine in ten male bosses are replaced by other men. In contrast, when a female leader steps down, the replacement is evenly split between men and women.

Journalist Mariella Frostrup, founder of Women in Work, emphasized the importance of gender equity, stating, “Gender equity is not just achievable—it’s transformative, across any sector.”

The report also recommends providing support for women who wish to take career breaks to care for children or relatives, addressing one of the key challenges they face in career progression.

Sue Duke, LinkedIn’s Director for Europe, commented on the situation: “Women are entering the workforce in equal numbers but remain blocked from advancing. CEO succession shows it starkly.”

Adding to these concerns, a report by MPs last year found that the battle against sexism in the City is progressing at a “snail’s pace,” amid shocking levels of sexual harassment.

These findings underscore the urgent need for continued efforts to promote gender equality and create inclusive workplaces where women can thrive in leadership roles.
https://www.thisismoney.co.uk/money/markets/article-15164369/Just-one-three-senior-management-roles-held-women.html?ns_mchannel=rss&ns_campaign=1490&ito=1490