News Clip1:39
Bloomberg

Jack Lew Calls for More Oversight After Bank Failures

Higher Ed
Former US Treasury Secretary Jack Lew says policymakers should institute more "careful oversight" to mid-sized financial institutions after the recent round of regional bank failures. "Rolling back that oversight a few years ago, I...
News Clip12:45
Bloomberg

Barclays CEO on UBS-CS Deal, Bankers Leaving, Expansion

Higher Ed
Barclays Plc CEO C.S. Venkatakrishnan talks about the merger of UBS and Credit Suisse, investment bankers leaving the firm, commercial real estate and how higher interest rates impact the bank's business. He speaks to Bloomberg's David...
News Clip0:42
Bloomberg

Barclays CEO: UBS-CS Deal Stabilized Financial System

Higher Ed
Barclays Plc CEO C.S. Venkatakrishnan says the merger of UBS and Credit Suisse helped solidify the financial system. He speaks to Bloomberg's David Westin. Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
News Clip11:40
Bloomberg

First Look With Surveillance: China Zero, Trump Troubles

Higher Ed
Anna Edwards and Kriti Gupta take you through what to watch today.
News Clip12:15
Bloomberg

Malaysian Central Bank Official on Inflation

Higher Ed
Fraziali Ismail, Assistant Governor at Bank Negara Malaysia, discusses the outlook for monetary policy and inflation in the country. He speaks with Bloomberg's Haslinda Amin.
News Clip7:17
Bloomberg

Higher Capital Requirements Won't Trigger Chaos, Cohen Says

Higher Ed
H. Rodgin "Rodge" Cohen, Sullivan & Cromwell senior chairman, discusses the aftermath of the US bank failures and how higher capital requirements for banks could impact the financial system. He speaks with David Westin and Romaine...
News Clip2:40
Bloomberg

Nassim Taleb Says Swiss Banks Used to Be Boring

Higher Ed
Nassim Nicholas Taleb, Distinguished Scientific Advisor, Universa, talks to Tom Keene about what caused the collapse of Swiss Banks. He is at Bloomberg Invest New York 2023.
News Clip1:22
Bloomberg

BofA CEO: Higher Capital Requirements Will Curb Lending

Higher Ed
Bank of America Chair and CEO Brian Moynihan says higher capital requirements will impact lending during an interview with David Westin at Bloomberg Invest New York 2023. Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip18:26
Bloomberg

Soros' CEO Fitzpatrick on Coming Contraction in Credit

Higher Ed
Dawn Fitzpatrick, CEO & Chief Investment Officer, Soros Fund Management speaks with Bloomberg's Erik Schatzker at Bloomberg Invest New York
News Clip1:11
Bloomberg

China Asks Lenders to Cut Deposit Rates in Bid to Boost Growth

Higher Ed
China's biggest banks have been asked by authorities to lower their deposit rates for at least the second time in less than a year in an effort to boost the world's second-largest economy. Valerie Tytel reports on Bloomberg...
News Clip2:01
Bloomberg

Dimon Doubts JPMorgan Will Have to Buy More Banks

Higher Ed
JPMorgan CEO Jamie Dimon says he doesn't think the firm will have to buy up more banks. Bloomberg's Kailey Leinz caught up with him outside the US Capitol before he was going to meet with lawmakers.
News Clip3:11
Bloomberg

Is the FHLB System Working as Expected?

Higher Ed
The Federal Home Loan Bank system provides billions to banks curtailing mortgage lending, and millions to its executives. Bloomberg's Max Reyes has more on "The Big Take." Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip6:02
Bloomberg

Pause or Hike

Higher Ed
Barbara Reinhard, Voya Capital Head of Asset Allocation & Erin Browne, PIMCO Multi-Asset Strategies Portfolio Manager discuss the potential pause in the Fed's tightening and what it will take for the Fed to get down to their two percent...
News Clip10:34
Bloomberg

Trichet on ECB's 25th Anniversary, Bank's Future

Higher Ed
Former European Central Bank President Jean-Claude Trichet says despite an environment of great pessimism, Europe's "boldest endeavor" was the creation of the bank. He also discusses the future the ECB and inflation expectations, in an...
News Clip1:32
Bloomberg

Why UBS's Khan Isn't the Only Contender for CEO

Higher Ed
Iqbal Khan is seen by many insiders as a future UBS Group AG chief executive officer. But after a management reshuffle aimed at helping the lender meld its operations with Credit Suisse, other potential contenders have emerged. Tom...
News Clip4:57
Bloomberg

Francis Bacon Triptych Set for 50 mln July IPO, Art Bourse Says

Higher Ed
A Francis Bacon triptych estimated at about 50 million euros will be sold through an initial public offering in July, announced Artex, a new Liechtenstein-based trading platform aiming to become the equivalent of a stock market for art....
News Clip9:53
Bloomberg

ECB's Guindos on Real Estate, Policy, Bank Payouts

Higher Ed
European Central Bank Vice President Luis de Guindos discusses the ECB's bi-annual financial stability review, policy, and European bank capitalization with Bloomberg's Jana Randow.
News Clip1:43
Bloomberg

The ECB Turns 25: Crises and Challenges

Higher Ed
On June 1st, the European Central Bank turns 25 years old. What began as the biggest monetary experiment in history, is now the world's second biggest reserve currency. But, it hasn't always been a smooth ride. And among the Euro-zone's...
News Clip2:12
Bloomberg

Harker Favors Fed Skipping Rate Hike at Next Meeting

Higher Ed
"I think we can take a bit of a skip for a meeting," Federal Reserve Bank of Philadelphia President Patrick Harker says during an event at the Philadelphia Fed. Follow Bloomberg for business news & analysis, up-to-the-minute market...
News Clip1:27
Bloomberg

Cliff Asness Is Still Worried About a Financial Crisis

Higher Ed
Cliff Asness, AQR Managing Principal and CIO, says his biggest worry is another financial crisis because they are so unpredictable. This episode of "Bloomberg Wealth with David Rubenstein" was recorded April 24th in Greenwich, CT.
News Clip3:29
Bloomberg

Morgan Stanley: 'Long' 5-Year Treasuries, Warming Up for Duration

Higher Ed
Vishwanath Tirupattur, chief fixed income strategist and director of quantitative research at Morgan Stanley, discusses the outlook for the market, Federal Reserve policy and the US economy. He speaks from the sidelines of the Morgan...
News Clip8:43
Bloomberg

Disinvesting In Our Future

Higher Ed
Paul Krugman, Nobel Laureate in Economic Sciences discusses where we should be placing our concern when it comes to the US government's growing debt.
News Clip6:15
Bloomberg

Hedge Fund Basis Trade Draws Fresh US Scrutiny

Higher Ed
Officials at the SEC and the Federal Reserve have questioned prime brokers about leveraged trading in government bonds by their fast-money clients, according to people familiar with the matter. Sonali Basak has more on "Bloomberg...
News Clip1:16
Bloomberg

JPMorgan Cuts 1,000 First Republic Staffers

Higher Ed
JPMorgan notified about 1,000 First Republic Bank employees that they aren't being given jobs even temporarily following its takeover of the failed lender. Hannah Levitt reports on "Bloomberg Markets: The Close." Follow Bloomberg...