Bloomberg
Bostic Says Fed Liquidity May Need to Be More Nimble
Federal Reserve Bank of Atlanta President Raphael Bostic says there are operational challenges when it comes to a 24/7 discount window at an event hosted by the Federal Reserve Bank of Richmond.
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KBW CEO Says More Bank Laws Aren't Needed in Wake of SVB
KBW President and CEO Tom Michaud discusses the industry implications of the recent bank crisis with Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
CLOs Face Lowest Profitability in Years
The collateralized loan obligation market is getting squeezed as funding costs rise relative to the returns on investments. Carmen Arroyo has more on "Bloomberg Markets: The Close."
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Bloomberg
Top Calls: Mizuho's Pushback on Wedbush's Sofi Downgrade
Dan Dolev, Mizuho Securities USA Senior FinTech Equity Research Analyst joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
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Fed's Barkin on Inflation, Banks, Rate Policy
Federal Reserve Bank of Richmond President Thomas Barkin discusses the path of monetary policy, the recent banking crisis and the state of the labor market with Mike McKee on "Bloomberg Markets."
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Fed's Bostic on Inflation Fight, Labor Market and Banks
"There's still a ways to go" on inflation, Federal Reserve Bank of Atlanta President Raphael Bostic says. Speaking with Mike McKee on "Bloomberg Markets: The Close," Bostic also discusses the path for monetary policy, the state of the...
Bloomberg
Polish Finance Minister Says the Banks Are Safe
Polish Finance Minister Magdalena Rzeczkowska says she has no concerns about the Polish banking system. She also talks about the burden of Swiss-franc loans on the country's banks. She speaks with Guy Johnson and Alix steel on "Bloomberg...
Bloomberg
First Citizens Buys Silicon Valley Bank Deposits, Loans
First Citizens Bank agreed to buy all deposits and loans of Silicon Valley Bank after it was seized by regulators following a run on the lender, according to a statement from the Federal Deposit Insurance Corporation. Russell Ward...
Bloomberg
Biden Says US Banks Are in 'Pretty Good Shape'
"I don't see anything that's on the horizon that's about to explode," President Joe Biden says during a joint news conference with Canadian Prime Minister Justin Trudeau.
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Lasry: This Is the Golden Age for Private Credit
Avenue Capital Group Chairman Marc Lasry says it's going to be getting harder for banks to lend money. He's on "Bloomberg Markets: European Close."
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FDIC Insurance Should Be Raised, Mnuchin Says
Former US Treasury Secretary Steven Mnuchin says FDIC insurance should be raised...and "if we don't do this we're gonna see the regional banks and community banks have just a complete disadvantage." He speaks at the FII's Priority...
Bloomberg
Mnuchin Scorns Bank Management, Regulators for SVB
Former US Treasury Secretary Steven Mnuchin scorns bank management and regulators for the SVB fallout, saying it "should never have occurred." He speaks at the FII's Priority Conference in Miami.
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Regulators Too Slow to Act on SVB: Ex-FDIC Chair Isaac
Former FDIC Chair Bill Isaac weighs in on the recent bank crisis spawned by the collapse of Silicon Valley Bank. He speaks with Alix Steel on "Bloomberg Markets."
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Crossmark's Bob Doll Calls Market Rally Encouraging
"I think we're passed the worst of the bank crisis...but that doesn't mean we're passed all of the issues related to what the Fed has done in the last 12 months," Crossmark Global Investments CIO Bob Doll says on "Bloomberg Markets: The...
Bloomberg
Rep. McHenry Grills Regulators on SVB Awareness
US Representative Patrick McHenry grills Treasury Undersecretary for Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr and FDIC Chair Martin Gruenberg on the timing of their awareness of the impending...
Bloomberg
Fed's Barr: Bank Management and Regulators Failed on SVB
Federal Reserve Vice Chair for Supervision Michael Barr says the failure of bank management, supervisors and the US regulatory system caused the SVB collapse in response to Representative Maxine Waters during a House Financial Services...
Bloomberg
Bank Crisis Has Opened Pandora's Box: TD's Misra
"There are massive unrealized losses sitting on bank balance sheets," TD Securities Global Head of Rates Strategy Priya Misra says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Misra advises investors to own...
Bloomberg
UNSW's Humphery-Jenner on US Bank Turmoil
Mark Humphery-Jenner, associate professor at the UNSW Sydney School of Banking and Finance, discusses his views on the US Senate hearing on US bank failures. He speaks with Bloomberg's Haidi Stroud-Watts and Kathleen Hays on "Bloomberg...
Bloomberg
What Happened to the Cash at SVB?
Paul J. Davies of Bloomberg Opinion says details about the Silicon Valley Bank meltdown are surprisingly reassuring.
Bloomberg
US Bank Deposits Fall Sharply for Second Straight Week
Commercial bank deposits dropped by $125.7 billion in the week ended March 22, marking the ninth-straight period of declines, according to data released by the Federal Reserve. Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
Regional Banks Need to Be Reorganized: JPM's Michele
"Everyone is pulling back," Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, says while discussing the recent banking crisis with Lisa Abramowicz on "Bloomberg The Open."
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Lagarde Says SVB-Like Crisis 'Very Unlikely' in Europe
European Central Bank President Christine Lagarde says the banking system in Europe is robust because banks have strong capital and liquidity coverage ratios during remarks before students in Florence, Italy.
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Nouriel Roubini Warns of Crashes, High Rate 'Megathreat'
Nouriel Roubini, CEO at Roubini Macro Associates, explains the "megathreat" he sees from higher interest rates, why he expects an economic and financial crash, and US labor market issues. He speaks from Cernobbio, Italy on "Bloomberg...
Bloomberg
Hoenig: Regulators Should Be 'Scrubbing' Bank Portfolios
Federal regulators "have a lot of work on their plate" in the wake of the SVB fallout, former Federal Reserve Bank of Kansas City President Thomas Hoenig says during an interview on "Bloomberg Markets."
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