Bloomberg
Regulators Created Wasteful Rules for Banks: Admati
Anat Admati, Stanford Graduate School of Business Professor, discusses her concerns surrounding the banking system and what regulators need to do to fix it. She speaks with David Westin and Romaine Bostick on "Wall Street Week...
Bloomberg
Credit Suisse Chairman to Shareholders: 'Truly Sorry'
\Credit Suisse Group AG Chairman Axel Lehmann offered an apology to the firm's shareholders Tuesday, saying "I apologize that we were no longer able to stem the loss of trust that had accumulated over the years and for disappointing...
Bloomberg
Tabbush Report Founder on HSBC Shareholder Meeting
Daniel Tabbush, Founder of the Tabbush Report, discusses his outlook for HSBC as the bank's executives pledge to keep up dividend payments at its Hong Kong shareholder meeting. He speaks with Paul Allen and Shery Ahn on "Daybreak Asia".
Bloomberg
Bullish EM Sentiment Under Pressure
Bullish emerging market sentiment is coming under pressure after a rough start to the second quarter, with OPEC+ throwing another wrench into the works with its oil production cuts. Bloomberg's Shery Ahn and Zijia Song discussed the...
Bloomberg
Invesco Sees 'Meaningful Room for Upside' in Chinese Markets
David Chao, global market strategist, Asia Pacific, at Invesco, discusses the prospects for China's economy, regulatory crackdowns and financial assets. He speaks with Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia."
Follow...
Bloomberg
What Happened to the Cash at SVB?
Paul J. Davies of Bloomberg Opinion says details about the Silicon Valley Bank meltdown are surprisingly reassuring.
Bloomberg
US Bank Deposits Fall Sharply for Second Straight Week
Commercial bank deposits dropped by $125.7 billion in the week ended March 22, marking the ninth-straight period of declines, according to data released by the Federal Reserve. Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
Fed Will Probably Cut Rates This Year: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the probability of a "modest" recession this year has increased during an interview on "Bloomberg Markets: The Close."
Follow Bloomberg for business news &...
Bloomberg
NBA's Antetokounmpo Teams Up With Calamos for ETF
NBA superstar Giannis Antetokounmpo and Calamos CEO John Koudounis discusses why they have partnered on an ESG-themed exchange-traded fund. They speak on "Bloomberg Markets: The Close."
Bloomberg
Summers on the Inflation Fight
Former US Treasury Secretary Lawrence H. Summers breaks down the latest reading on US PCE and shares that it's "plausible" the recent banking woes may subside without a big impact on credit, leaving in place "serious inflation issues."
Bloomberg
Post Mortem on the Banking Crisis
Tim Massad, Former CFTC Chairman breaks down whether we saw the banking crisis coming and if we received proper warnings. He also discusses why this was about bad bank management.
Bloomberg
US Government to The Rescue
Ruchir Sharma, Rockefeller International Chairman dives into whether we are paying a price for government intervention and how we are keeping zombie companies alive.
Bloomberg
Banking Crisis Impact on The Markets
Lori Calvasina, RBC Capital Markets Head of US Equity Strategy & Julian Salisbury, Goldman Sachs Asset & Wealth Management CIO discuss the banking crisis and shoring up confidence in the financial system. They also breakdown why the...
Bloomberg
The Long Road to Recovery
Lori Calvasina, RBC Capital Markets Head of US Equity Strategy & Julian Salisbury, Goldman Sachs Asset & Wealth Management CIO discuss what a recovery could look like and talk about where to invest. They weigh transparency risks in the...
Bloomberg
Lagarde Says SVB-Like Crisis 'Very Unlikely' in Europe
European Central Bank President Christine Lagarde says the banking system in Europe is robust because banks have strong capital and liquidity coverage ratios during remarks before students in Florence, Italy.
Follow Bloomberg for...
Bloomberg
El-Erian Says Fed Can't React to Every Piece of Data
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says that the Federal Reserve should stay focused on price stability and not overreact to the recent turmoil in banking. "The worst thing that we could...
Bloomberg
Equities Risk Reward 'Not Necessarily Fantastic': UBS
Mark Haefele, chief investment officer at UBS Global Wealth Management, explains why his firm increasing allocation to fixed income over equities amid the fallout from banking issues. He speaks with Dani Burger on "Bloomberg Surveillance...
Bloomberg
Nouriel Roubini Warns of Crashes, High Rate 'Megathreat'
Nouriel Roubini, CEO at Roubini Macro Associates, explains the "megathreat" he sees from higher interest rates, why he expects an economic and financial crash, and US labor market issues. He speaks from Cernobbio, Italy on "Bloomberg...
Bloomberg
ANZ's institutional Head on Bank Turmoil
Mark Whelan, Group Executive, Institutional at ANZ, says his bank sees opportunities amid recent bank troubles in the US and Europe. He speaks with Yvonne Man on "Bloomberg Marks China Open".
Bloomberg
Credit Spreads Could Widen Out From Here: UBP's Nip
Anitza Nip, head of fixed income research Asia at Union Bancaire Privee, discusses bond market volatility, the risk of a recession in the US and where she's finding opportunity. She speaks on Bloomberg Television.
Bloomberg
Hoenig: Regulators Should Be 'Scrubbing' Bank Portfolios
Federal regulators "have a lot of work on their plate" in the wake of the SVB fallout, former Federal Reserve Bank of Kansas City President Thomas Hoenig says during an interview on "Bloomberg Markets."
Follow Bloomberg for business...
Bloomberg
Yellen Says US Banking System Is Sound Amid SVB Crisis
"Our intervention was necessary to mitigate systemic risks and protect the broader US banking system," US Treasury Secretary Janet Yellen says during remarks at the annual NABE conference in Washington.
Follow Bloomberg for business...
Bloomberg
Banks Borrow Much Less From Fed Discount Window
Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be stabilizing. Bloomberg's Michael McKee reports.
Bloomberg
Wells Fargo's Mayo on Bank Earnings: Let the Sunshine In
"The banks have a good story to tell," Mike Mayo, Wells Fargo Securities head of large-cap bank research, says on "Bloomberg Markets: The Close" while previewing the big bank earnings scheduled to be released this week.
Follow Bloomberg...