News Clip6:55
Bloomberg

Wells Fargo CFO Says Consumer Spending Picking Up

Higher Ed
Oct.14 -- John Shrewsberry, Wells Fargo & Co. chief financial officer, discusses the bank's third-quarter performance, consumer spending, and loan demand on "Bloomberg Markets: The Close."
News Clip6:14
Bloomberg

1 in 5 Small Businesses Won't Survive Without Help: NFIB

Higher Ed
Dec.08 -- Brad Close, president of the National Federation of Independent Business, the largest group representing small businesses in the country, says one out of every five small businesses won't survive the next six months without...
News Clip3:33
Bloomberg

Fed Has 'Moral Imperative' to Help the Economy More, Says Bair

Higher Ed
Oct.12 -- Shelia Bair, former chair of the FDIC, and senior fellow at the Center for Financial Stability, says the Federal Reserve has a "moral imperative" to do more to help the economy. She speaks to Bloomberg's Sonali Basak.
News Clip4:11
Bloomberg

Junk Bonds More Attractive Than Leveraged Loans, Northern Trust's Robertson Says

Higher Ed
Jun.19 -- Colin Robertson, Northern Trust Asset Management head of fixed income, Andrea DiCenso, Loomis Sayles portfolio manager, and Alan Higgins, Coutts & Co. chief investment officer for U.K., discuss leveraged loans with Bloomberg's...
News Clip2:22
Bloomberg

Evergrande's Risky Shadow Loan Habit

Higher Ed
Oct.24 -- China Evergrande is trying to win over investors with plans to reduce leverage and diversify its business. One key concern is the company's reliance on China's shadow banking system. Bloomberg's Katrina Nicholas reports on...
News Clip2:48
Bloomberg

The Leveraged-Loan Collapse That Reveals a Key Risk in the Credit Market

Higher Ed
Jul.16 -- Almost overnight, a $693 million loan Clover Technologies took to the market five years ago lost about a third of its value. The startling nosedive stung even sophisticated investors, people who deal in the arcane business of...
News Clip2:18
Bloomberg

BlackRock's Keenan Favors Credit Markets in the Short Term

Higher Ed
May.28 -- Jim Keenan, BlackRock Inc. global credit co-head and chief investment officer, says BlackRock is positive from a risk perspective ahead of the economic recovery from the Covid-19 pandemic. He speaks during an interview with...
News Clip2:19
Curated Video

Presser by US Commerce Secretary

Higher Ed
1. US Secretary of Commerce Donald Evans steps up to podium 2. Wide shot members of American Chamber of Commerce at tables 3. SOUNDBITE (English) Donald Evans, US Secretary of Commerce: "Fair trade just simply means we're all playing by...
News Clip2:22
Bloomberg

U.S. Banks Set Aside $35 Billion in Profits for Bad Loans

Higher Ed
Jul.17 -- The six largest U.S. banks have set aside $35 billion from profits to prepare for a wave of souring loans. Bloomberg’s Dani Burger reports on "Bloomberg Markets: European Open."
News Clip3:06
Sky News

UK's hospitality industry say Government not doing enough to help businesses during lockdown

Higher Ed
VOICED: Shows exterior shots very quiet shopping streets in Ipswich town centre, with shops closed due to lockdown restrictions, interview with Ipswich pub owner and interior shots of him renovating his business, interview with Kate...
News Clip2:35
Curated Video

Web-Based Companies Fill PPP Loan Gaps Left By Big Banks

Higher Ed
Some small businesses are successfully applying for a Small Business Administration PPP loans thanks to the help of web-based companies.
News Clip4:45
Bloomberg

Henrietta Moon Carbo Culture & the Future of Biocarbons

Higher Ed
Jun.30 -- Henrietta Moon, Carbo Culture CEO and co-founder, joins Yousef Gamal El- Din and Dani Burger on "Bloomberg Daybreak: Europe" to discuss Carbo Culture's mission to remove a gigaton of C02 by 2030 using biocarbon removal. Carbo...
News Clip4:03
Bloomberg

China’s Banks Will Be Cautious on Small Business Loans, Says Creditsights’s Marshall

Higher Ed
Mar.29 -- David Marshall, senior analyst for Asian banks at Creditsights, discusses the PBOC’s call on banks to increase lending to small and private business and his outlook on non-performing loans. He speaks on “Bloomberg Markets:...
News Clip4:43
Bloomberg

Sluggish Leveraged Loans Looking More Like a Bargain Now?

Higher Ed
Apr.26 -- Leveraged loans are getting left behind in the latest corporate debt rally, and money managers are beginning to question whether it’s time to buy. Matthew Hornbach of Morgan Stanley, Greg Staples of DWS and Iain Stealey of...
News Clip1:28
Curated Video

Cornell Medical School Tackles Student Debt With Full-Ride Offer

Higher Ed
Weill Cornell Medicine is following in the footsteps of other prominent medical schools that have rolled out debt relief tuition programs.
News Clip3:45
Bloomberg

KKR-Backed Toorak Provides 'Fix & Flip' Loans to Healthy Housing Market

Higher Ed
Feb.18 -- On "Bloomberg Money Undercover", Bloomberg's Lisa Abramowicz talks with John Beacham, CEO of Toorak Capital Partners, which has a portfolio of short-term loans made to real estate investors that buy, fix up and resell homes....
News Clip2:39
Bloomberg

Liaoning Is China's Shadow-Banking Hotbed

Higher Ed
Sep.06 -- A new report says that the slowest growing province in China also has the highest concentration of shadow lending. Informal banking arrangements made up 95% of loans in Liaoning last year. Bloomberg's Darren Boey reports on...
News Clip4:00
Curated Video

President Bush comments on US auto bailout in weekly radio address

Higher Ed
1. Graphic of George W. Bush (WITH FOLLOWING RADIO BROADCAST OVERLAID) 2. SOUNDBITE (English) George W. Bush, US President: "Good morning. For years, America's automakers have faced serious challenges - burdensome costs, a shrinking...
News Clip3:12
Bloomberg

Bordier Singapore CIO Says Loans Not as Liquid as Bond Markets

Higher Ed
Feb.07 -- Bordier Singapore CIO Bryan Goh weighs in on central banks' monetary policies and market turmoil. He speaks on "Bloomberg Markets: Middle East."
News Clip2:13
Bloomberg

Why China's Rate Reform Is Important for Its Economy

Higher Ed
Aug.19 -- China took a major step toward reforming its system of interest rates, in a move aimed at pushing down the cost of borrowing by households and companies as the economy slows. From August 20, new loans must be priced “mainly”...
News Clip1:42
Bloomberg

The Tide Might Be Starting to Turn for Leveraged Loans

Higher Ed
Nov.01 -- Leveraged loans ended a 14-month winning streak in October, which was the worst in three years for the floating-rate asset class in the U.S. Bloomberg's Lisa Abramowicz reports on "Bloomberg Markets: The Close."
News Clip1:28
Bloomberg

Rising Oil Price Curbs Gulf Arab Energy Companies' Financing Needs

Higher Ed
Jul.03 -- Gulf Arab energy companies retreated from debt markets in the first half of 2018 after a banner year for borrowing as higher oil prices curbed financing needs for existing operations and new projects. Bloomberg's Mohammed Aly...
News Clip7:40
Bloomberg

Peter Gleysteen on Launching New CLO Business

Higher Ed
Mar.18 -- Veteran credit investor Peter Gleysteen talks about forming AGL Credit Management, a CLO firm he launched alongside veteran private equity investor Thomas H Lee. Gleysteen talks to Bloomberg's Jason Kelly.
News Clip6:57
Bloomberg

CBQ Has Seen Positive Benefit From Low Rate Environment, Says CEO

Higher Ed
Jan.30 -- Joseph Abraham, chief executive officer at Commercial Bank of Qatar Ltd., discusses the bank’s operating environment, low interest rates and their real estate exposure. He speaks on “Bloomberg Daybreak: Middle East.”