Bloomberg
Credit Suisse Faces US Tax Probe, Senate Inquiry Over Accounts
There's a one-two punch of fresh pressure for Credit Suisse Group AG. Analysts say the troubled bank faces a capital shortfall of $8 billion in the coming years. Meanwhile, the US Senate and the Justice Department are investigating...
Bloomberg
Euro Area Has Very Limited Exposure to SVB: Donohoe
Eurogroup President Paschal Donohoe is confident that European banks "have the ability to manage these kinds of risks," as he discusses the fallout from Silicon Valley Bank with Maria Tadeo on "Bloomberg Surveillance Early...
Bloomberg
Citigroup Is 'Overweight' Financial, Tech, China Stocks
Rob Buckland, chief global equity strategist at Citigroup Inc, explains why he is "overweight" financial and technology stocks. He also talks about US Treasuries, UK Gilts, and the opportunities he sees in global stock markets. He speaks...
Bloomberg
Fintech Starup Rupeek Plans to Reach More Indian Cities
Sumit Maniyar, founder and chief executive officer of Rupeek Fintech Pvt, a startup that lends against gold as collateral, discusses his growth strategy. The Bangalore-based firm raised $34 million to accelerate its efforts to monetize...
Bloomberg
Muddy Waters' Carson Block Calls Burford's Accounting 'Misleading'
Aug.20 -- Carson Block, chief investment officer and co-founder at Muddy Waters, explains the firm's short of Burford Capital Ltd. He speaks on "Bloomberg Markets." (Video expanded to include Burford Capital's response.)
Bloomberg
Citi MD Raiskin on Global Markets, Asia Strategy
Julia Raiskin, managing director and head of markets Asia at Citi Global Markets, discusses the uncertainties in global markets, how investors are reacting, and her advice to clients. She also shares the bank's strategy for Asian markets...
Bloomberg
BofA's Moynihan: Inflation Is No Longer Up for Debate
Bank of America Chairman and CEO Brian Moynihan says reining in inflation will be "hard work" and adds that supply-chain issues seems to be improving. He speaks during an interview with Bloomberg's David Westin on "Bloomberg Markets: The...
Bloomberg
UniCredit Said Considering Thousands of Job Cuts in New Strategic Plan
Jul.22 -- UniCredit SpA is reportedly considering cutting thousands of jobs and reducing operating costs as part of a new strategic plan. Bloomberg's Sonali Basak reports on "Bloomberg Daybreak: Americas."
Bloomberg
AllianzGI CEO Utermann on Impact Investing, Passive Investing Threat
Sep.25 -- Andreas Utermann, chief executive officer at Allianz Global Investors, discusses a new impact investment fund, investing in a low yield world, and the threat posed by passive investment. He speaks with Bloomberg's David Westin...
Bloomberg
Morgan Stanley's Senior Advisor on Investing in Diversity
Morgan Stanley conducted a poll of large U.S. asset owners. The results point to challenges for the industry. Morgan Stanley's Carla Harris explains the findings of a "Trillion-Dollar Blind Spot." She speaks with Caroline Hyde, Romaine...
Curated Video
The Obama administration is proposing an extensive overhaul of financial regulations in an effort to prevent a repeat of the banking crisis last fall that toppled once-mighty institutions and wiped out trillions of dollars in investor wealth. (March 26)
HEADLINE:Geithner unveils regulatory agenda
CAPTION: The Obama administration is proposing an extensive overhaul of financial regulations in an effort to prevent a repeat of the banking crisis last fall that toppled once-mighty...
Curated Video
U.S., British and Swiss regulators have fined five global banks $3.4 billion for attempting to manipulate foreign exchange markets. (Nov. 12)
US, British and Swiss regulators have fined five global banks 3.4 billion US dollars for attempting to manipulate foreign exchange markets.
These are the latest penalties for an industry previously criticized for rigging interest rates...
Curated Video
Institute of Int'l Finance releases interim report on state of global finance
1. Delegates in the news conference
2. Cutaway of cameraman, pan to delegates seated
3. Various of news conference
4. SOUNDBITE (English) Josef Ackermann, chief executive of Deutsche Bank AG
"We begin with the interim report we are...
Bloomberg
Bridgewater Executive Sees Commodities as Underused Inflation Hedge
Karen Karniol-Tambour, co-CIO for sustainability at Bridgewater Associates, explains why investors should look to commodities for inflation protection and says U.S. stocks are "some of the most susceptible to liquidity removal." She...
Bloomberg
Bank of America 4Q Trading Revenue Misses Estimates
Bank of America Corp. reported fourth-quarter results that saw trading revenue ex-DVA fall short of estimates while the bank beat expectations on EPS. The "Bloomberg Surveillance" team examines the numbers.
Curated Video
Geithner before lawmakers to give evidence on bailout
1. Wide of US Senate Banking Committee hearing
2. Close of US Treasury Secretary Timothy Geithner
3. Mid of committee
4. SOUNDBITE: (English) Timothy Geithner, US Treasury Secretary:
"I'm not standing here before you today to ask you to...
Bloomberg
UBS Awaits Approval to Raise China Brokerage Unit Stake
Eugene Qian, chairman of UBS Securities, the first foreign-invested fully-licensed securities firm in China, discusses the bank's strategy for the market. In 2018, UBS Group AG increased its shareholding in UBS Securities to 51%,...
Curated Video
WRAP US president says summit leaders agree to cooperate better ADDS more
1. Wide of US President George W Bush approaching lectern
2. Side shot of Bush by lectern
3. SOUNDBITE (English) George W Bush, US President:
"Third, we agreed that we must enhance the integrity of the financial markets. For example,...
Curated Video
Paulson presser on US financial rescue plan
Washington DC - 19 September, 2008
1. US Treasury Secretary Henry Paulson walking in
2. SOUNDBITE (English) Henry Paulson, US Treasury Secretary:
"To restore confidence in our markets and our financial institutions so they can fuel...
Curated Video
WRAP Bush comments on US financial rescue plan; ADDS more
1. US President George W. Bush, US Federal Reserve Bank Chairman Ben Bernanke, Treasury Secretary Henry Paulson and Securities and Exchange Commission Chairman Christopher Cox walk to podium, in Rose Garden at White House
2. SOUNDBITE:...
Bloomberg
Contrarian Hedge Funds Prepare for Fed Rate Rise
Nov. 18 -- Bloomberg's Lisa Abramowicz and Mia Saini examine how hedge funds and mutual funds are preparing for a rate hike by the Federal Reserve. They speak in ""On The Markets"" on ""In The Loop.""
Bloomberg
Commonwealth Bank of Australia Profit Beats, Announces Buyback
Commonwealth Bank of Australia reported first-half profit that topped estimates, and the country's largest lender said it will buyback up to A$2 billion ($1.4 billion). Paul Allen reports on "Bloomberg Daybreak: Australia."
Bloomberg
Why Banker Ken Moelis Is ‘Stunned’ by Zoom Productivity
Dec.11 -- Like every firm on Wall Street, Moelis & Co. has been mostly working from home throughout the Covid-19 pandemic. Going in, no one knew what it would be like. Here, Chairman and Chief Executive Officer Ken Moelis talks about how...
Bloomberg
Credit Suisse Uncertainty Mounts as CDS Costs Rise
Credit Suisse shares sank to an all-time low Monday before recovering almost all those losses at Tuesday's open as investors look for answers on the bank's restructuring plans. Steven Arons reports on Bloomberg Television.