Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) UBS CEO Sergio Ermotti tells Bloomberg he is happy the bank is seen as a "safe haven".

(2) First Republic shares plunge after depositors take flight.

(3) Job seeker numbers soar in the City of London as vacancies slump.

(4) Fox News ditches star host Tucker Carlson a week after its Dominion settlement.