Bloomberg
Franklin Templeton CEO on Rate Hikes, Private Credit
Franklin Templeton President and CEO Jenny Johnson, says the banking system has a hard time handling the pace of rate hikes by the Fed, and expects that once the rates normalize in a pause it will be a while before the Fed cut rates. ...
Bloomberg
Fed's Powell on Recent Bank Crisis: 'We're on the Case'
"Many, many banks are now attending to liquidity," Federal Reserve Chair Jerome Powell says during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final move.
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Bloomberg
"They Have to Raise the Debt Ceiling": Holtz-Eakin
Douglas Holtz-Eakin, American Action Forum President, gives his remarks on the upcoming debt ceiling meeting between the President, and leaders of the Senate and the House. He also discusses Pacific Western Bank weighing strategic...
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 5/3
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: PacWest Bancorp, Western Alliance Bancorp and Metropolitan Bank Holding.
Bloomberg
Summers: The Banking Crisis Appears Over
Former Treasury Secretary Lawrence Summers says we're probably over the vast majority of the banking traumas, but some issues do remain. He speaks to Bloomberg's David Westin.
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Bloomberg
Oaktree's Panossian: Size, Frequency of Deals Is Down
Armen Panossia, Oaktree Capital's head of performing credit and portfolio manager, comments on the state of the debt market during an interview with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills,...
Bloomberg
Fed Likely to Cut Rates Early 2024: Nuveen's Rodriguez
"A mild recession is likely to kick in early in 2024," Tony Rodriguez, Nuveen's head of fixed-income strategy, says during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
First Look With Surveillance: Euro Inflation, US Debt
Anna Edwards and Matt Miller take you through what to watch today.
Bloomberg
Milken: Goodman, Hunt, Kencel, Anadu on Banking Crisis
Bloomberg Television guests Hunter Point Capital co-founder and Executive Chairman Bennett Goodman, PGIM President and Chief Executive Officer David Hunt, Churchill Asset Management CEO Ken Kencel, The Vistria Group Senior Partner...
Bloomberg
Fed Should Do 'Hawkish Pause,' Kaplan Says
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US banking industry. The Fed is expected to deliver a 25 basis-point interest-rate increase and signal a pause in its aggressive...
Bloomberg
PGIM CEO Hunt on Deerpath Acquisition, Bank Lending
PGIM President and CEO David Hunt discusses PGIM buying a majority stake in $5 billion private credit fund manager Deerpath Capital Management and the state of bank lending during an interview with Romaine Bostick at the Milken Institute...
Bloomberg
CLSA's Fan on China Financials
Hans Fan, Head of China Financial Research at CLSA, discusses his takeaway from the politburo meeting, the risks of China's smaller banks, and his outlook for the broader banking sector. He speaks with Yvonne Man on "Bloomberg Markets:...
Bloomberg
EFG Asset Mgmt: Overweight Asian Stocks
EFG Asset Management Senior VP, Deputy CIO & Global Head of Research Daniel Murray says he is overweight Asian equities. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
Guggenheim Group CIO on Private Credit, Recession, Banks
Anne Walsh, Chief Investment Officer for Guggenheim Partners Investment Management, says investors will have to remain vigilant and expects a rolling recession. She speaks exclusively with Bloomberg's Sonali Basak and Romaine Bostick...
Bloomberg
First Republic Acquisition Good for Short Term: Joe Zhao
Millennia Capital Investor Joe Zhao joins Ed Ludlow to discuss the second biggest bank collapse in US history and how it will impact the outlook for funding.
Bloomberg
Dimon and JPMorgan Win Bidding War for First Republic
JPMorgan wins the bidding war to buy First Republic Bank. Bloomberg's Sonali Basak reports.
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Market Breathing Sigh of Relief Over Banks: Mona Mahajan
"Markets are in wait-and-see mode," Edward Jones Senior Investment Strategist Mona Mahajan says on "Bloomberg Markets: The Close."
Bloomberg
Private Markets Stabilizing for Banks: Marc Lipschultz
Blue Owl co-founder Marc Lipschultz explains why he sees private markets as a stabilizing force within financial services during an interview with Romaine Bostick and Sonali Basak at the Milken Institute Global Conference in Beverly...
Bloomberg
BNY Mellon CEO Says This Chapter of Bank Turmoil Is Resolved
Bank of New York Mellon Corp. Chief Executive Officer Robin Vince discusses the state of the US banking industry, his firm's strategy, and the outlook for the economy. He speaks on the sidelines of the Milken Institute Global Conference...
Bloomberg
Ares CEO on Economy, Real Estate, Sports Investing
Michael Arougheti, co-founder and CEO of Ares Management Corp., says "The economy is actually still on good footing." He speaks with Romaine Bostick and Sonali Basak from the sidelines of the Milken Institute Global Conference in Beverly...
Bloomberg
Apollo's CEO on Real Estate, Banks, Markets
Apollo Global Management CEO & Co-Founder Marc Rowan says the recent US regional banking crisis will cause a "second wave" of losses in the commercial real estate market. He also discusses the banking sector and believes big banks are...
Bloomberg
Federal Reserve Expected to Raise Rates by 25 BPS
The Fed is expected to raise rates again this week by 25 basis points. That would be the 10the straight increase since March of last year. Bloomberg's Mike McKee reports on what Wall Street is expecting.
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Bloomberg
First Republic Bank to Be Sold to JPMorgan
First Republic Bank was taken over by regulators and will be acquired by JPMorgan Chase & Co. after rescue efforts failed to undo the damage from wrong-way investments. Manus Cranny reports on Bloomberg Television.
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Bloomberg
JPMorgan to Acquire First Republic Bank
First Republic Bank was taken over by regulators and will be acquired by JPMorgan Chase & Co. after rescue efforts failed to undo the damage from wrong-way investments. Bloomberg Intelligence's Herman Chan has the details on Bloomberg...