Bloomberg
Fed Should Be Close to Done on Rate Hikes, Mnuchin Says
"It's not a surprise we have inflation. There has been too much fiscal response," former US Treasury Secretary Steven Mnuchin says at the FII's Priority Conference in Miami.
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Bloomberg
European Stocks Are Safer Place to Be, Says Chesworth
Rebecca Chesworth, State Street Global Advisors vice president of Exchange Traded Funds, talks about the impact of the banking crisis on the US and Europe and she says Europe is a better place to invest compared to the US for now. She's...
Bloomberg
Boston Fed's Collins Says More Policy Tightening Needed
Federal Reserve Bank of Boston President Susan Collins says there is "more work to do" on bringing down US inflation to the central bank's 2% target at the annual NABE conference in Washington.
Bloomberg
Takeaways From Two Days of Bank Failure Hearings
Dennis Kelleher, Better Markets CEO, talks about what he's learned from two days of hearings on Capitol Hill about the recent bank failures. He's on "Wall Street Week Daily."
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Bloomberg
FDIC Might Ask Big Banks to Plug $23 Billion Hole
The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, may ask big banks to pitch in and shore up a special insurance fund. Bloomberg's Hannah Levitt reports.
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Bloomberg
Crossmark's Bob Doll Calls Market Rally Encouraging
"I think we're passed the worst of the bank crisis...but that doesn't mean we're passed all of the issues related to what the Fed has done in the last 12 months," Crossmark Global Investments CIO Bob Doll says on "Bloomberg Markets: The...
Bloomberg
Vontobel CEO: CS-UBS Deal Is Clear Step Toward Stability
The forced merger of Credit Suisse and UBS is "a very clear step toward stability," Vontobel CEO Zeno Staub says during an interview on "Bloomberg Markets: The Close."
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Bloomberg
Rep. McHenry Grills Regulators on SVB Awareness
US Representative Patrick McHenry grills Treasury Undersecretary for Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr and FDIC Chair Martin Gruenberg on the timing of their awareness of the impending...
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 3/29
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: UBS, Lululemon and Micron.
Bloomberg
Bank Crisis Has Opened Pandora's Box: TD's Misra
"There are massive unrealized losses sitting on bank balance sheets," TD Securities Global Head of Rates Strategy Priya Misra says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Misra advises investors to own...
Bloomberg
Fed Will Cut Much More Than Expected, TD's Misra Warns
TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on...
Bloomberg
Can Sergio Ermotti Fix Credit Suisse?
UBS Group AG is bringing back Sergio Ermotti as chief executive officer to oversee the historic acquisition of Credit Suisse Group AG. He held the CEO title for nine years. Bloomberg's Francine Lacqua and Steven Arons report.
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Bloomberg
AT1 Bond Investors Will Be Pickier Now: Natixis's Bryant
Additional tier 1 bonds are very risky instruments and investors will be a lot pickier about them now following the recent bank turmoil with Credit Suisse, said Caroline Bryant, co-head of FIG DCM at Natixis, in an interview on Bloomberg...
Bloomberg
ERShares' Ados on US Markets, Fed
ERShares COO and Chief Investment Strategist Eva Ados discusses the recent banking crisis, her expectations for the Fed, as well as investment opportunities. She speaks with Kathleen Hays and Haidi Stroud-Watts on "Bloomberg Daybreak:...
Bloomberg
We're at the Beginning of Bank Instability, Greene Says
Megan Greene, global chief economist for the Kroll Institute, says consumer confidence is holding up despite instability in the banking industry. She speaks on "Bloomberg Markets."
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Bloomberg
Crypto Council Not Surprised CFTC Is Targeting Binance
Sheila Warren, Crypto Council for Innovation CEO, isn't surprised the CFTC is saying that crypto exchange Binance Holdings and its chief executive officer Changpeng Zhao broke American derivatives rules. She's on "Bloomberg...
Bloomberg
Takeaways From Senate Banking Hearing
Bloomberg's Megan Scully and Katanga Johnson discuss the takeaways from today's Senate bank hearing, and whether or not bank regulation is a possibility. They speak with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Brown Says Regulators Let Banks Get Too Big Too Fast
Senator Sherrod Brown, a Democrat from Ohio, says executives of failed banks need to pay the price. He speaks at a Senate hearing on the recent bank failures.
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Bloomberg
Equities All About Quality, Boring Metrics: JPM's Gimber
Hugh Gimber, global market strategist at JPMorgan Asset management, says he's nervous about the strength in equities as interest rate cuts are coming for the wrong reasons. He speaks with Dani Burger on "Bloomberg Surveillance Early...
Bloomberg
BOE's Bailey Sees Global Markets Testing Banks for Weakness
Bank of England Governor Andrew Bailey said the UK banking system remains in a "very strong position," and global markets are testing "quite a lot" of the banking sector for any signs of trouble after the failure of Silicon Valley Bank...
Bloomberg
Westbourne's Whelan Sees No Soft Landing for US
Westbourne Research Services Chief Economist Sharmila Whelan discusses inflation and
believes the Federal Reserves job is not done. She also discusses India and China in an interview with Haidi Stroud-Watts and Kathleen Hays on...
Bloomberg
Tapping In to China's Pension Market
It is a market that could grow to be worth $1.7 trillion, but when it comes to private pension plans in China, big global firms may struggle to get a slice of that pie. Beijing has ensured that domestic banks and fund managers win the...
Bloomberg
Bank Crisis Not in Rear-View Mirror Yet: Pimco's Browne
"Both rates and equities are singing from different hymn books at this point," Erin Browne, Pimco multi-asset strategies portfolio manager, says during an interview with Matt Miller on "Bloomberg The Open."
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Bloomberg
Jamie Dimon Warns on Banking Crisis in Annual Letter
Sonali Basak reviews the key takeaways from JPMorgan CEO Jamie Dimon's annual letter to shareholders. In the letter, Dimon warned that the recent banking crisis will be felt for years and also commented on using AI, geopolitics and the...