Bloomberg
The Future of Blackstone
Blackstone CFO Michael Chae tells us why Blackstone is well-positioned for a high-rate environment. He also believes that AI will further the edge private markets have over public markets.
Bloomberg
First Look With Surveillance: Sticky Inflation, Banks Pass
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
SocGen's Bini Smaghi on Rate Hikes, Bank Strategy
Societe Generale Chairman and Former ECB Executive Board Member Lorenzo Bini Smaghi said markets are expecting a recession to happen as a consequence of central banks getting more hawkish. He also touched on European banks being...
Bloomberg
Macquarie Capital's Ganapathy On HDFC-HDFC Bank Merger
Macquarie Capital Head of Financial Services Research Suresh Ganapathy discusses how the HDFC-HDFC Bank merger will transform India's banking sector. He speaks with Haslinda Amin, Menaka Doshi and Rishaad Salamat on "Bloomberg Markets:...
Bloomberg
UBS to Cut More Than Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG's workforce starting next month as a result of the bank's emergency takeover. Total job losses could add up to about 35,000. Bloomberg's Sonali Basak...
Bloomberg
Carstens: Central Banks Need to Remain Vigilant
Bank of International Settlements CEO Augustin Carstens talks about how central banks are handling the fight against inflation and the political pressures they are facing. He is on "Bloomberg Markets."
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Bloomberg
First Look With Surveillance: Putin Grip, Wheat Swing
Tom Mackenzie and Kriti Gupta take you through what to watch today.
Bloomberg
Allspring Global Investments' Patel on US Markets
Margie Patel, Senior Portfolio Manager for Multi-Asset Solutions at Allspring Global Investments, discusses her outlook and investment strategies for US markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak:...
Bloomberg
Goldman Sachs Cutting About 125 MDs; JPMorgan Cuts 40 Dealmakers
Wall Street firms are slashing more jobs. Goldman Sachs Group Inc. has started cutting managing directors across the globe, according to people familiar with the matter. And JPMorgan Chase & Co. is cutting about 40 investment bankers in...
Bloomberg
Citigroup Gets Tough on Return-to-Office Rules
Citigroup has begun telling managers to let staffers know they'll face consequences if they don't comply with policies for office attendance. Sonali Basak reports on "Bloomberg Markets."
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Bloomberg
Rep. Steil on Fed, Big Banks, House GOP
Republican Representative of Wisconsin, Bryan Steil, discusses Fed Chair Jerome Powell testifying to Congress today and Powell reiterating that more rate hikes are needed to bring inflation down. He also gives his remarks on a bill to...
Bloomberg
Powell: Capital Requirements to Be Skewed to Large Banks
Federal Reserve Chair Jerome Powell says the capital requirements in proposals are mostly for larger banks during an exchange with Senator John Kennedy, a Louisiana Republican, at Powell's semiannual monetary report to the the Senate...
Bloomberg
Fed's Powell Says SVB Shows Liquidity Rules Are Outdated
Federal Reserve Chair Jerome Powell says there is going to be a need for stronger supervision and regulations in the wake of SVB and the bank crisis earlier this year. He speaks during his semiannual monetary policy report to the House...
Bloomberg
UBS to Face Fines Over Credit Suisse's Archegos Fiasco
UBS Group AG is facing hundreds of millions of dollars in regulatory fines over Credit Suisse Group AG's dealings with Archegos Capital, as the Swiss bank takes on its former rival's entire litigation portfolio. Russell Ward reports on...
Bloomberg
New Zealand Announces Banking Inquiry Amid Profit Concerns
New Zealand's government announced an inquiry into its banking sector amid concerns that lenders are making excessive profits. Haidi Stroud-Watts reports on Bloomberg Television.
Bloomberg
A Pause is Just a Pause
Sonal Desai, Franklin Templeton Fixed Income CIO & Tracy Alloway, Bloomberg News Managing Editor gives us their take on the most recent Fed meeting and dive into the semantics around a "pause" or a "skip."
Bloomberg
Creation of a Bank Titan
C.S. Venkatakrishnan, Barclays CEO dives into the potential consequences of UBS's takeover of Credit Suisse. This merger is the biggest in banking since the 2008 financial crisis. He shares that he is leading in debt capital markets and...
Bloomberg
What Might be Driving the Fed
Lawrence H. Summers, Former Treasury Secretary weighs in on this week's Fed decision and why he believes the meeting felt like it was driven by internal political dynamics.
Bloomberg
Goldman's Role in SVB Probed by DOJ, SEC Officials
Goldman Sachs Group Inc. is under scrutiny by Justice Department prosecutors and other US officials over its role in Silicon Valley Bank's attempt to raise funds as the lender careened into failure. Michael Moore has the details on...
Bloomberg
Goldman Partner's Explicit Incident Sparks Review
A Goldman Sachs executive accidentally included a sexually explicit recording of himself as part of a work-related video sent to a junior staffer, according to more than a half-dozen people with knowledge of the matter. Sri Natarajan has...
Bloomberg
Goldman, Citigroup Said to Be Cutting Asia Roles
Goldman Sachs Group Inc. and Citigroup Inc. are said to cut another 35 investment banking jobs across Asia this week after revenue from stock sales and mergers slumped further in the second quarter. Adam Haigh reports on Bloomberg...
Bloomberg
Nationwide's Bostyancic on Fed's Decision
Nationwide Chief Economist Kathy Bostjancic reacts to Fed's latest rate decisoion. She speaks with David Ingles, Yvonne Man and Kathleen Hays on "Bloomberg Markets: China Open".
Bloomberg
ECB Calling In 500 Billion of Pandemic-Era Bank Loans
The European Central Bank is making lenders repay about half a trillion euros in cheap pandemic-era loans all at once in a test of the resilience of the continent's banking industry. Jana Randow reports on Bloomberg Television.
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Bloomberg
Goldman Sachs it is 'Moving Away' from Odey
"We hold ourselves to extremely high standards and we expect the same of our client base" says Goldman Sachs International CEO Richard Gnodde. Asked about Goldman Sachs's prime-brokerage relationship with Odey Asset Management, Gnodde...