Bloomberg
Credit Suisse Chairman: This Is a Sad and Historic Day
Credit Suisse Chairman Axel Lehmann says this is a difficult day for the bank and he says bank failures in the US hit at a very inopportune time. He speaks in Bern, Switzerland at a press conference with other bank and government...
Bloomberg
Credit Suisse Deal Doesn't Solve Problem for Europe: Tchir
"I'm not in love with what happened in Switzerland today, says Peter Tchir, head of macro strategy at Academy Securities, as he discusses UBS Group AG's deal to purchase Credit Suisse Group AG on a special edition of "Bloomberg...
Bloomberg
Credit Suisse Takeover by UBS Is a Bailout: El-Erian
Mohamed El-Erian, president at Queens College Cambridge and Bloomberg Opinion columnist, says of UBS Group AG's deal to purchase Credit Suisse Group AG "yeah, it was a bailout," but, "of the available options, this was the best one that...
Bloomberg
Rep. Debbie Dingell (D) Michigan on Damaged Banks
Rep. Debbie Dingell (D) Michigan discusses the efforts made to help damaged banks along with her concerns over TikTok. She speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Historic Week of Bank Turmoil
Peter Kraus, Aperture Investors Chairman and CEO discusses why risks are hard to take right now as an investor and whether there are mismatches in the banking system. He also explains why liquidity created by the banking crisis made...
Bloomberg
UBS in Talks to Buy All or Part of Credit Suisse: FT
A merger of UBS Group AG with Credit Suisse Group AG is "plan A" for Swiss regulators seeking to shore up confidence in the nation's banking system, the Financial Times reported. Bloomberg's Kailey Leinz and Sonali Basak report on...
Bloomberg
Summers Favors a 25 BPS Hike
Former US Treasury Secretary Lawrence H. Summers tells us why he believes a 25 basis-point move would be favorable and cautions US regulators from moving too strongly against regional banks.
Bloomberg
Morgan Stanley's Mike Wilson Says Financials Attractive After Repricing
Morgan Stanley Chief US Equity Strategist Mike Wilson says some financial and consumer retailer stock valuations have declined enough to make them an attractive investment opportunity. "Financials have started to rephrase in a meaningful...
Bloomberg
Fed's Barr, in Prepared Remarks, Says Banks Are 'Sound'
Federal Reserve Vice Chair for Supervision Michael Barr says regulators "will continue to closely monitor conditions in the banking system and are prepared to use all of our tools for any size institution, as needed." Barr is scheduled...
Bloomberg
First Look With Surveillance: Bank Turmoil
Anna Edwards and Matt Miller take you through what to watch today.
Bloomberg
Markets in 3 Minutes: European Stocks Set for a Bounce
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
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Bloomberg
Eurogroup's Donohoe Says Banks Have Sufficient Capital
Eurogroup President Paschal Donohoe said he's confident that past steps taken by the European Union to regulate the banking industry have enabled the bloc's financial institutions to be resilient in the face of new challenges. Donohoe...
Bloomberg
Pictet Sees Another 25bps of Fed Rate Hikes This Year
Pictet Wealth Management Head of Asia Macroeconomic Research Dong Chen says with the median dot plot unchanged at 5.0-5.25%, this would indicate another 25bps of Fed rate hikes this year. He speaks with Haslinda Amin and Rishaad Salamat...
Bloomberg
Looking Ahead to Trump's Waco Rally
Sen. Roger Marshall (R-KS) on former President Trump's planned rally in Waco, TX. He speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Biden Says US Banks Are in 'Pretty Good Shape'
"I don't see anything that's on the horizon that's about to explode," President Joe Biden says during a joint news conference with Canadian Prime Minister Justin Trudeau.
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Bloomberg
Evaluating the Fed's Next Move
Sonal Desai, Franklin Templeton Fixed Income CIO & Dennis DeBusschere, 22V Research President, Partner and Chief Market Strategist dive into what credit is trying to tell us and whether rate cuts are the true answer.
Bloomberg
Marc Lasry on Banks, Lending Rules, Bucks, Bitcoin
Avenue Capital Group Chairman Marc Lasry talks about the golden age for credit, new rules for bank lending, how valuable his Milwaukee Bucks could be if they win another NBA championship and Bitcoin. He's on "Bloomberg Markets: European...
Bloomberg
Newedge's Dawson Sees More Downside Earnings Adjustments
Newedge Wealth CIO Cameron Dawson says she expects more downside adjustments to earnings to reflect higher recession risk and more credit contraction during an interview with Alix Steel and Guy Johnson on "Bloomberg Markets."
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Bloomberg
Lasry on the Risks of Keeping Money in Smaller Banks
Avenue Capital Group Chairman Marc Lasry talks about the risks of keeping money in smaller regional banks. He said the Federal Reserve is trying to shore up confidence now for investors.
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Bloomberg
Deutsche Bank Slides as European Bank Worries Persist
Deutsche Bank AG shares slumped the most in three years Friday as the company became the latest focus of the banking turmoil in Europe. Jan-Patrick Barnert reports on Bloomberg Television.
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Bloomberg
Scholz Says Don't Worry About Deutsche Bank
German Chancellor Olaf Scholz said there's no reason for concern about Deutsche Bank AG after worries about the broader European banking sector sent the lender's shares tumbling by the most in three years. He spoke in Brussels today....
Bloomberg
Raposo: Financial Stability Is Key for Inflation
Bank of Portugal Vice Governor Clara Raposo discusses how economies can keep prices under control. She spoke with Bloomberg's Guy Johnson and Alix Steel on March 22, 2023.
Bloomberg
First Look With Surveillance: UBS, Yellen, EU Meets
Anna Edwards and Kriti Gupta take you through what to watch today.
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 3/30
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: Roku, Restoration Hardware and Charles Schwab.