News Clip

More Pain Ahead for Bank Stocks: Morgan Stanley's Skelly

All
Daniel Skelly, Morgan Stanley's head of wealth management, market research and strategy, says he's "relatively cautious" on banks during an interview with Jonathan Ferro on "Bloomberg The Open."



Follow Bloomberg for...
News Clip

Banking Crisis Goes Beyond First Republic: Michele

All
Bob Michele, J.P. Morgan Asset Management CIO and global head of fixed income, says we do have a banking crisis and it never should have happened. He's on "Bloomberg The Open."



Follow Bloomberg for business news &...
News Clip

El-Erian Worried Banking 'Cancer' Starting to Spread

All
Mohamed El-Erian, a Bloomberg Opinion columnist, says the US is in "phase two" of the banking crisis and warns that the financial system lacks "anchors" right now during an interview with Jonathan Ferro on "Bloomberg The Open."...
News Clip

Jim Millstein Calls Regional Bank Stock Moves 'Unfair'

All
"The stress in the regional banking market today is really a function of the stock market," Guggenheim Securities Co-Chair Jim Millstein says during an interview with Sonali Basak and Romaine Bostick on "Bloomberg Markets: The...
News Clip

Bill Gross: Sell the Volatility in Regional Banks

All
"I think (regional banks) have stabilized to some extent," Pimco co-founder Bill Gross says during an interview on "Bloomberg ETF IQ."



Follow Bloomberg for business news & analysis, up-to-the-minute market data, features,...
News Clip

Buffett Predicts Earnings Decline at Berkshire Units

All
Warren Buffett seems to be cautious about what lies ahead. The billionaire investor expects earnings at the majority of Berkshire Hathaway Inc.'s operations to fall as economic activity may slow down. Su Keenan reports on Bloomberg...
News Clip

Biden Needs to Negotiate: Rep. Donalds on Debt Ceiling

All
Republican Representative Byron Donalds of Florida gives his remarks on what President Biden and Senate Democrats need to do to make sure Congress does not default, and discusses whether or not he would vote for a short-term extension as...
News Clip

FDIC Plans to Hit Big Banks With Fees

All
The FDIC is said to plan to exempt smaller lenders from paying extra to replenish the government's deposit insurance fund. Instead, it will ask big banks to cover much of the bill, according to people familiar with the matter. Katanga...
News Clip

Bank Issues Unlike Global Financial Crisis: Mike Gitlin

All
Mike Gitlin, Capital Group's global head of fixed income, says the recent banking issues do not feel like the global financial crisis of 2008 during an interview with Romaine Bostick on "Bloomberg Markets: The...
News Clip

Bank Failures Will Hurt Industry Earnings: Yokum

All
Alexander Yokum of CFRA talks about the impact of regional bank failures on earnings for the industry. He's on "Bloomberg The Open."



Follow Bloomberg for business news & analysis, up-to-the-minute market data, features,...
News Clip

Guggenheim's Schwartz on First Republic, Lending, Fed

All
Alan Schwartz, executive chairman at Guggenheim Partners, discusses the FDIC's role in the sale of First Republic Bank to JPMorgan Chase & Co., the factors behind the recent wave of regional bank failures and their impact on...
News Clip

Fed Likely to Cut Rates Early 2024: Nuveen's Rodriguez

All
"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."



Follow Bloomberg for business news &...
News Clip

Hunter Point Execs on Bank Crisis, Investing

All
Hunter Point Capital Executive Chairman and Co-founder, Bennett Goodman, and Hunter Point Capital CEO and Co-founder, Avi Kalichsteiun discuss the banking sector and uncertainty in the markets. They speak with Sonoli Basak from the...
News Clip

We're Not Through the Regional Banking Crisis: Goodman

All
Hunter Point Capital co-founder and Executive Chairman Bennett Goodman said the regional banking crisis is probably not yet over as the banking system faces "asymmetric risk." He speaks to Bloomberg's Sonali Basak at the Milken...
News Clip

Sen. Bill Hagerty on JPMorgan Acquiring First Republic

All
Republican Senator Bill Hagerty of Tennessee gives his remarks on JPMorgan acquiring First Republic Bank and how the regulators handled First Republic compared to the regulatory supervision of Silicon Valley Bank. He also talks about...
News Clip

Patomak's Noreika on JPM's Purchase of First Republic

All
Keith Noreika, Patomak Global Partners Executive VP & Chairman for Banking Supervision & Regulation Group, joined Alix Steel on "Bloomberg Markets: Americas" to discuss JPMorgan's purchase of First Republic Bank. Noreika is a former...
News Clip

Guggenheim's Walsh Sees Vast Market for Private Credit

All
Guggenheim Partners Investment Management CIO Anne Walsh says she doesn't expect the recent regional bank crisis to become systemic during an interview with Romaine Bostick and Sonali Basak at the Milken Institute Global Conference...
News Clip

Biden: Taxpayers Aren't On the Hook for First Republic

All
President Joe Biden says JPMorgan buying First Republic is good for the US banking system and protects taxpayers. He spoke at the White House.



Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
News Clip

First Republic Bank to Be Sold to JPMorgan

All
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.



Follow...
News Clip

JPMorgan to Acquire First Republic Bank

All
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...
News Clip
News Clip

What the First Republic Acquisition Means for JPMorgan

All
Chris Marinac, director of research at Janney Montgomery Scott, examines JPMorgan Chase & Co.'s acquisition of First Republic Bank on "Bloomberg Surveillance."



Follow Bloomberg for business news & analysis,...
News Clip

First Republic Regulators Rush to Fix Crisis

All
US regulators are rushing to resolve the First Republic Bank crisis after the deadline passed for submitting final bids to take over the struggling lender. Adam Haigh reports on Bloomberg Television.
News Clip

Former FDIC Chair on First Republic Meltdown

All
Former FDIC Chairman Bill Isaac discusses reports that the FDIC may place First Republic Bank under receivership, and talks about the report the Federal Reserve put out on the collapse of Silicon Valley Bank. Isaac speaks with Annmarie...