Bloomberg
China Signals Likely Reserve Requirement Ratio Cut to Aid Growth
China is now signaling more monetary policy stimulus including a cut to the reserve requirement ratio, or the amount of cash banks must keep in reserve, is on the table as it looks to boost lending and the economy. John Liu reports on...
Bloomberg
Japan Ahead: Asymmetric Advisors' Anvarzadeh
Amir Anvarzadeh, Senior Markets Strategist at Asymmetric Advisors, discusses the latest developments with Softbank. The company is said to have invested just under $100 million in the FTX and anticipates writing down the entire value of...
Bloomberg
Carvana Edges Toward Reworking Debt
The group of debtholders, led by Apollo Global Management and Pacific Investment Management Co., has agreed to band together in preparation for a restructuring of Carvana's obligations. Eliza Ronalds-Hannon reports on "Bloomberg...
Bloomberg
Goldman, JPMorgan Say Adani Debt Offers Value to Trading Clients
We continue to see the crisis surrounding Indian billionaire Gautam Adani's business empire, but Goldman Sachs Group Inc. and JPMorgan Chase & Co. are seeing silver lining in some of Adani Group's bonds. Sally Bakewell reports on...
Bloomberg
JPMorgan Cuts Hundreds More Mortgage Workers
JPMorgan Chase & Co. has cut hundreds of mortgage employees, adding to job losses across the industry as home-lending businesses are hurt by higher interest rates. Bloomberg Intelligence's Alison Williams shares her views on Bloomberg...
Bloomberg
Adani Founders Prepay $1.1 Billion Loans
Indian billionaire Gautam Adani is taking new steps to restore confidence in his sprawling conglomerate. Nearly $120 billion of the group's market cap has been erased following a US short-seller report. Emma O'Brien reports on Bloomberg...
Bloomberg
Wall Street's Leveraged-Debt Machine Breaks Down
Big banks are stuck with about $40 billion of risky debt on their books blocking the M&A machine that's enriched bankers and private-equity executives over the past decade. Paula Seligson has more on "Bloomberg Markets: The...
Curated Video
Why Can't Student Loans Be Cancelled?
According to educationdata.org, student loan debt is growing six times faster than the nation’s economy.
Bloomberg
Oaktree's Panossian Says Private Credit 'Most Attractive' in Several Years
Armen Panossian, Oaktree's head of performing credit and Oaktree Specialty Lending Corp. CEO, explains why the firm is setting up a new fund aimed at the private lending market on "Bloomberg The Open."
Bloomberg
KKR's Pietrzak Expects Volatility in Credit This Year
Daniel Pietrzak, KKR's co-head of private credit, discusses the risks and opportunities in the private credit markets with Sonali Basak and Kriti Gupta on "Bloomberg Markets."
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Bloomberg
Adani Tells Investors All Share-Backed Loans Have Been Paid Back
Senior executives of Adani Group told investors in London that billionaire founder Gautam Adani and his family have prepaid all borrowings backed by the Indian conglomerate's company shares, according to people who attended the meeting....
Bloomberg
Ellington Put $3B to Work Since March Crash, CEO Vranos Says
Jul.28 -- Ellington Management founder and CEO Mike Vranos explains why his firm put $3 billion to work after the market crashed in March, and why the outlook for mortgage securities and mortgage REITs presents a lot of value. He speaks...
Bloomberg
Fed Promises to Maintain Massive Asset Purchase Program
Dec.16 -- The Federal Reserve strengthened its commitment to support the U.S. economy, promising to maintain its massive asset purchase program until it sees “substantial further progress” in employment and inflation. Chair Jerome Powell...
Bloomberg
Small, Medium-Sized Banks Will Have to Learn How to Price Risk, Says CICC’s Liang
Aug.19 -- Liang Hong, head of research and chief economist at CICC, discusses China’s new 1-year and 5-year loan prime rate and what they mean for credit markets. She speaks on “Bloomberg Markets: China Open.”
Bloomberg
Is It Time to Turn Cautious on Credit?
Mar.01 -- Call it the High-Yield High. The Year of the Roaring Junk. Call it whatever you want, but the facts remain the same, U.S. junk bonds are off to their best start to a year since 2001. An easy Fed and steady GDP, that's the...
Bloomberg
SBI Says Banking Sector Needs Help on Bad Loans
Feb.28 -- State Bank of India Chair Arundhati Bhattacharya discusses the rise of bad loans in India. She speaks on "Bloomberg Daybreak: Asia."
Bloomberg
Deutsche Bank's Riley Sees Post-Election Trading Surge
Nov.11 -- Deutsche Bank Americas Chief Executive Officer Christiana Riley expects "benevolent" trading conditions in 2021. She speaks with Bloomberg's Daniel Schaefer at Bloomberg’s Future of Finance virtual event.
Bloomberg
U.S. Banks Earnings Roundup: Profit Climbs as Trading Declines
Jul.19 -- Bloomberg's Dani Burger reviews the major takeaways of second-quarter results from U.S. banks. She speaks on "Bloomberg Surveillance."
Bloomberg
Mobile Payments Are a Way to Avoid Handling Cash, Says Square Co-Founder
Mar.16 -- Jim McKelvey, Square co-founder, discusses public anxiety about handling cash during the coronavirus crisis, and a general move toward a cashless society. He speaks on "Bloomberg Technology."
Bloomberg
RAK Bank CEO Plans to Rebalance Portfolio, Take Out Risk
Jul.23 -- Peter England, chief executive officer at RAK Bank, discusses interest margins, loans in U.A.E., how a Fed rate cut would impact his business, loan growth and consolidation in the region. He speaks on “Bloomberg Daybreak:...
Bloomberg
Evergrande’s Local Bonds Faced Trading Halts
Sep.03 -- The bond of China Evergrande Group’s onshore property unit was halted from trading for half an hour in Shanghai after falling 23%. This comes as at least two of Evergrande’s largest non-bank creditors have demanded immediate...
Bloomberg
China Unveils Slew of Rule Changes to Support Stock Markets
Jan.31 -- Chinese authorities unveiled rule changes aimed at providing support for the country’s beleaguered stock market, which in recent days has seen hundreds of companies issue profit warnings. Sam Mamudi reports on "Bloomberg...
Bloomberg
BofAML’s Yazhari Sees Strong Growth Ahead for Saudi Mortgage Market
Dec.16 -- Hootan Yazhari, managing director for frontier markets at Bank of America Merrill Lynch, discusses his outlook for Saudi Arabian banks. He speaks on “Bloomberg Daybreak: Middle East.”
Bloomberg
Moody's: Asian Banks' Profitability to Deteriorate
Jul.30 -- Rebaca Tan, assistant vice president and analyst of the financial institutions group in Asia for Moody's Investors Service, explains why she expects profitability of the region's banks will deteriorate over the next few years....