News Clip3:36
Bloomberg

Wheeler: Mergers Needed to Stabilize Italian Banks

Higher Ed
Dec.06 -- Christopher Wheeler, bank analyst at Atlantic Equities, looks at mergers as a potential solution for Italian banks and focuses on improvements made at UniCredit. He speaks on "Bloomberg Surveillance."
News Clip3:02
Bloomberg

China’s Rate Reform Set to Lower Borrowing Costs as Economy Slows

Higher Ed
Aug.19 -- Liang Hong, head of research and chief economist at CICC, discusses China’s new loan prime rate and what it means for lending going forward. She speaks on “Bloomberg Markets: China Open.”
News Clip7:28
Bloomberg

Britain's Largest Online Loan Provider Plans IPO

Higher Ed
Sep.03 -- Funding Circle Ltd. Chief Executive Officer Samir Desai discusses the impact of Brexit on the U.K. lending environment after Britain's largest online loan provider announced plans to proceed with an initial public offering in...
News Clip6:21
Bloomberg

How BB&T Bank Weathered the Financial Crisis

Higher Ed
Sep.12 -- Kelly King, chairman and chief executive officer at BB&T, discusses the bank's performance during the financial crisis and how the bank is preparing for Hurricane Florence. He speaks with Bloomberg's David Westin on "Bloomberg...
News Clip6:51
Bloomberg

U.S. Housing: What’s Changed 10 Years After the Financial Crisis?

Higher Ed
Sep.10 -- Nela Richardson, senior investment strategist at Edward Jones, and Sheryl Palmer, chairman and chief executive officer at Taylor Morrison, examine the state of the U.S. housing market 10 years after the start of the financial...
News Clip5:43
Bloomberg

Sen. Toomey Wants Businesses to Open Sooner in Pennsylvania

Higher Ed
Apr.28 -- Senator Pat Toomey, a Republican from Pennsylvania, talks about his plan to reopen the state, getting aid to small businesses, and helping oversee economic stabilization efforts by the Federal Reserve. He speaks to Kevin...
News Clip7:29
Bloomberg

Banks Will Be Part of the Solution to U.S. Protests, Says Brian Brooks

Higher Ed
Jun.02 -- U.S. Comptroller of the Currency Brian Brooks discusses how the coronavirus pandemic and civil unrest have impacted banks and small businesses. He speaks with Bloomberg's David Westin on "Bloomberg: Balance of Power."
News Clip4:37
Bloomberg

Buying Non-Performing Loans in Southeast Asia, Arena Management Says

Higher Ed
Feb.26 -- Dan Zwirn, chief executive and chief investment officer at Arena Management, discusses the opportunities he sees in Asian credit markets. He speaks with Paul Allen and Haslinda Amin on "Bloomberg Markets: Asia."
News Clip3:46
Bloomberg

Bank of America CEO Sounds Alarm on Leveraged Loans

Higher Ed
Jun.04 -- The U.S. economy is on solid footing except for one potential trouble spot -- the leveraged-loan market, Bank of America Corp. Chief Executive Officer Brian Moynihan said. Bloomberg's Lananh Nguyen reports on "Bloomberg...
News Clip1:00
Curated Video

Federal Reserve Makes Changes To Main Street Lending Program

Higher Ed
The Fed expanded its Main Street lending program so more small and medium-sized businesses can participate.
News Clip0:58
Curated Video

President Trump Signs Legislation For Increased PPP Flexibility

Higher Ed
Businesses won't be obligated to spend as much of their federal loans on payroll and have 16 more weeks to use the funds.
News Clip6:57
Bloomberg

AFX CEO Sandor on Supporting Minority-Owned Community Banks

Higher Ed
Jun.26 -- Richard Sandor, chairman and chief executive officer of the American Financial Exchange (AFX), discusses how community banks are helping small business during the Covid-19 pandemic. He speaks with Bloomberg's Romaine Bostick,...
News Clip6:42
Bloomberg

Wells Fargo CFO Details Cost Cuts, Recovery From Scandal

Higher Ed
Jan.13 -- Wells Fargo Chief Financial Officer John Shrewsberry discusses the company's fourth-quarter earnings and performance, and how future growth in some retail products could slow because of the lingering effects from the account...
News Clip3:41
Bloomberg

BlackRock: Leveraged Loan, High-Yield Markets 'Increasingly Converging'

Higher Ed
Sep.04 -- James Turner, head of European leveraged finance at BlackRock, discusses the leveraged loan and high-yield markets. He speaks with Bloomberg's Matt Miller on "Bloomberg Surveillance."
News Clip4:38
Bloomberg

CIBC's Goal Is to Grow Its Wealth Management Business, CEO Says

Higher Ed
Sep.11 -- Victor Dodig, Canadian Imperial Bank of Commerce chief executive officer, discusses the bank's U.S. expansion plans and financial regulation with Bloomberg's Amanda Lang on "Bloomberg Markets."
News Clip1:03
Bloomberg

Barclays CEO Says Troubled Loan Deals `Not a Free Ride'

Higher Ed
Oct.25 -- Barclays Plc Chief Executive Officer Jes Staley discusses risks in the leveraged-loan business. "A couple of idiosyncratic deals have opened people’s eyes that it’s not a free ride right now," Staley said during an interview on...
News Clip6:45
Bloomberg

How China Is Planning to Rank 1.3 Billion People

Higher Ed
Dec.28 -- China is set to adopt a lifelong points program by 2021 that assigns personalized ratings for each resident. DCM Vice President David Cheng discusses the implementation and impact of Beijing's national social credit system with...
News Clip1:37
Bloomberg

Angsty Leveraged Loan Buyers May Be Harbinger of More Pain to Come in Credit Markets

Higher Ed
Oct.18 -- Leveraged loan investors are getting increasingly angsty and their fear may be a precursor for more pain to come in the credit markets. Bloomberg's Lisa Abramowicz reports on "Bloomberg Markets: The Close."
News Clip8:06
Bloomberg

Junk Bonds Become a Shelter in the Global Equity Storm

Higher Ed
Oct.26 -- The riskiest U.S. bonds are holding their own in the midst of the global equity swoon, suggesting the smart money in credit markets isn’t fretting over the outlook for growth. While the S&P 500 Total Return Index is down about...
News Clip2:18
Bloomberg

KKR Undercuts Wall Street With $1 Billion Loan

Higher Ed
Feb.11 -- KKR & Co.'s decision to undercut Barclays Plc on a $1.1 billion ACProducts loan underscores just how cutthroat KKR and other private-equity firms have become in recent years as they look to play a bigger role in the lending...
News Clip0:57
Bloomberg

Investors Yank Cash From U.S. Credit Funds

Higher Ed
Mar.06 -- Investors withdrew a combined $12.2 billion from U.S. funds that buy corporate bonds and loans in the past week as the spreading coronavirus battered markets globally. Bloomberg's Claire Boston reports on "Bloomberg Daybreak:...
News Clip3:20
Bloomberg

China Ramps Up Tax-Cut Strategy as Lending Stabilizes

Higher Ed
Jan.15 -- The government in China is increasingly turning to tax cuts as the first line of defense against a slowing economy. Credit data show a gradual stimulus is beginning to have an impact. Bloomberg's Tom Mackenzie reports on...
News Clip2:16
Bloomberg

ECB's Lagarde Says There Are Some Signs of Economic Stabilization

Higher Ed
Dec.12 -- European Central Bank President Christine Lagarde discusses the outlook for the euro-area economy during a press conference in Frankfurt. There are "some signs of initial stabilization in the growth slowdown, and of a mild...
News Clip2:27
Bloomberg

Lagarde Says ECB Is ‘Determined’ to Deliver on Inflation Mandate

Higher Ed
Dec.02 -- European Central Bank President Christine Lagarde speaks about the bank's inflation target during an appearance before European Parliament's Economic and Monetary Affairs Committee in Brussels, her first in the role.