Bloomberg
Banking and Private Credit
Kipp deVeer, Head of Credit at Ares Management, on the effects of the banking crisis on the private credit field.
Bloomberg
March Jobs Report Reaction
Gillian Tett, Editor-at-Large for the Financial Times, and Chris Ailman, CALSTRTS CIO, weigh in on the March jobs report and what the fed should be taking away from the data.
Bloomberg
Fallout for the Economy from the Banking Disruptions
Gillian Tett, Editor-at-Large for the Financial Times, and Chris Ailman, CALSTRTS CIO, weigh in on the March jobs report and the fallout from the banking disruptions.
Bloomberg
Top Calls: Weakness in Banks 'Beyond Overdone': Baird's George
David George, Baird Senior Research Analyst joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
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Bloomberg
Switzerland Targets Credit Suisse Executives' Bonuses
The Swiss government is about to canceled or cut outstanding bonuses of top Credit Suisse Group AG executives following the state-backed takeover by UBS Group AG. Oliver Crook reports on Bloomberg Television.
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Bloomberg
India's Central Bank Surprises With Interest Rate Pause
Reserve Bank of India Governor Shaktikanta Das discusses monetary policy and the state of the economy in a livestreamed address from Mumbai. The central bank unexpectedly left its benchmark interest rate unchanged as global banking woes...
Bloomberg
Western Alliance Deposits Fell 11% in Q1 to $47.6B
Western Alliance "experienced elevated net deposit outflows surrounding the announcements of the Silicon Valley Bank and Signature Bank closures," the bank says in a filing. The bank said deposits fell 11% in the first quarter, a smaller...
Bloomberg
Walser Wealth President on the US markets
Walser Wealth Management President Rebecca Walser reacts to the latest US regional banking news and discusses investing strategy amid recession concerns. She speaks with Haidi Stroud-Watts and Shery Ahn on "Daybreak Australia."
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 4/5
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: Western Alliance Bancorp, PacWest Bancorp and Nvidia.
Bloomberg
Why TD Bank Is the Most Shorted Bank in the World
Toronto-Dominion Bank is the most shorted bank in the world right now with roughly $3.7 billion on the line the line vis-à-vis Canada's second-largest lender, according to an analysis by S3 Partners. Mark Sebastian, found of Option Pit,...
Bloomberg
Credit Suisse Will No Longer Be Independent: UBS's Kelleher
UBS Group AG Chairman Colm Kelleher addresses the integration of Credit Suisse Group AG, saying, "it was an icon of the Swiss economy." Kelleher speaks at the UBS annual general meeting on Wednesday.
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Bloomberg
UBS Chairman's Top-Secret Prep for Credit Suisse Moment
UBS Group AG Chairman Colm Kelleher called on a small group of top advisers from his alma mater Morgan Stanley to ramp up contingency planning after clients pulled tens of billions of dollars from Credit Suisse Group AG. That move,...
Bloomberg
UBS Chair: Credit Suisse Integration to Take Up to 4 Years
UBS Group AG Chairman Colm Kelleher outlines the details and benefits of the integration of Credit Suisse Group AG at the UBS annual general meeting on Wednesday.
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Bloomberg
RBA Governor Lowe: April's Pause Doesn't Imply Rate Hikes Are Over
Reserve Bank of Australia Governor Philip Lowe says the central bank's decision to keep interest rates unchanged this week doesn't imply an end to its policy tightening cycle. In an address at the National Press Club in Sydney, Lowe also...
Bloomberg
New Zealand House Prices Fall by Record as Interest Rates Soar
The interest rate increases by the central bank are affecting New Zealand's housing market. House prices posted a record fall in the year through March. Tracy Withers reports on Bloomberg Television.
Bloomberg
China's Megabanks Plan Funding Spree
China's top megabanks are planning at least $5.8 billion in bond sales, kicking off a major funding push to comply with global capital requirements by early 2025. Charlie Zhu reports on Bloomberg Television.
Bloomberg
Banks Seen Skipping Additional Tier 1 Calls in Wake of Credit Suisse Shock
Bloomberg Intelligence sees banks avoiding the Additional Tier 1 debt market in the wake of the Credit Suisse Group AG shock. Meanwhile, JPMorgan Chase & Co. and Wells Fargo & Co. are among the companies that are scheduled to report...
Bloomberg
BlackRock's Seth: I Like Front End of the Yield Curve
Neeraj Seth, chief investment officer and head of Asian credit at BlackRock Inc., discusses Federal Reserve policy, the yield curve and his investment strategy. He speaks on Bloomberg Television.
Bloomberg
Raising the Deposit Insurance Limit Is a Mistake: Klein
Brookings Senior Fellow Aaron Klein joins Ed Ludlow and Caroline Hyde to discuss SVB's collapse and its impact on banking and economic growth, and why he believes the rising pressure for unlimited deposit insurance in Congress would hurt...
Bloomberg
Brainard Says US Banking System Is Sound, Stable
"We've seen deposit outflows stabilize. All of the indicators that one would look at have really improved over the last few weeks," Lael Brainard, the new head of the National Economic Council, says at Semafor's World Economy Summit....
Bloomberg
S. Africa Power Crisis Expected to Intensify: Investec Bank CEO
South Africa's electricity crisis will intensify in the next two years before it improves as private power generation sources come online, Investec Bank CEO Richard Wainwright says on Bloomberg TV.
Bloomberg
Swiss Parliament's Discontent on UBS-Credit Suisse Deal
Debate over the Swiss government's sign off on UBS Group AG's takeover of Credit Suisse Group AG saw the lower house of parliament reject a bill backing the deal in a symbolic vote. Bastian Benrath reports on Bloomberg Television.
Bloomberg
Federal Reserve's Kashkari Sees Signs of Calm Restored to Banking Sector
Federal Reserve Bank of Minneapolis President Neel Kashkari talks about the collapse of Silicon Valley Bank and the state of the US banking industry. He speaks at a town hall event at Montana State University in Bozeman. (Excerpt)...
Bloomberg
Biggest US Banks Plan to Bolster Reserves
Some of the biggest US lenders are planning to bolster their reserves in a move tied to the rescue of First Republic Bank. Lenders from JPMorgan to Citigroup are setting aside $100 million each, according to people familiar with the...