World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 40

The latest business and finance news from around the world from the BBC


WBR: Wall Street Update 20 Mar 15

March 20th, 2015

Episode 261 of 861 episodes

The NASDAQ closes above 5,000 just hours after the FTSE reached a new record high of 7,000 in London. So why are markets so buoyant? We turn to Chris Low of FTN Financial in New York for today’s market report. Plus - Spanish bank Sabadell says it has big plans for future growth after agreeing a $2.5bn takeover of UK lender TSB. If approved, it would be the latest in a string of acquisitions at home and abroad. We hear from Sebastian Albella at Linklaters in Madrid on how the bank survived the financial crisis.