Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Smaller US lenders see values tumble as volatility halts trading.

(2) Morgan Stanley and UBS say bonds are the safe bet right now.

(3) BNP's fixed-income traders perform strongly in a challenging quarter.

(4) A report by short seller Hindenburg leads to a $10 Billion drop in Carl Icahn's net worth.