Bloomberg
Avendus Chandra on Raising Capital in India
Ritesh Chandra, managing partner at Avendus Future Leaders Fund, discusses the fundraising environment for Indian startups, following the collapse of Silicon Valley Bank. He speaks on "Bloomberg Markets: Asia."
Bloomberg
China Cuts Reserve Requirement Ratio in Bid to Boost Economy
China's central bank reduced the reserve requirement ratio for almost all banks by 0.25 percentage point, effective from March 27, in an effort to stimulate the economy. John Liu reports on Bloomberg Television.
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Bloomberg
Asian Banks in General Look Interesting: Credit Suisse
Dan Fineman, co-head of Asia Pacific strategy at Credit Suisse, discusses the outlook for the US economy, Federal Reserve policy and the implications for financial markets. He also talks about the opportunities he sees in emerging and...
Bloomberg
First Republic Bank Gets $30 Billion of Bank Deposits in Rescue
The biggest banks in the US agreed to deposit $30 billion with First Republic Bank in an effort supported by the US government to stabilize the battered California lender. Sally Bakewell reports on Bloomberg Television.
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Bloomberg
Yellen: Americans Can Feel Confident in Bank Deposits
"This week's actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors' savings remain safe." Treasury Secretary Janet Yellen discusses steps taken by the US government to...
Bloomberg
Pimco's Clarida Sees US Recession as 'Certainly More Likely'
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), says the odds of a hard landing for the US economy "certainly have" gone up and discusses the impact of higher interest rates on bank lending on...
Bloomberg
Why a Credit Suisse-UBS Merger Would Not Work
Michael Kunz, senior equity analyst at Luzerner Kantonalbank, says of a potential merger of Credit Suisse Group AG and UBS Group AG, "the complexity of the merger is just too large to be surmounted." He speaks with Tom Keene on...
Bloomberg
Credit Suisse Crisis Ignites Market Turmoil
As Credit Suisse Group AG's crisis deepens, Bloomberg Television guests weigh on the potential fallout and whether it could be too big to bail out.
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Bloomberg
HSBC Cuts Some Bankers' Pay by 25% Ahead of Bonus Reform
HSBC Holdings Plc is slashing base pay for some newly-promoted senior investment bankers in the UK by a quarter before a rule change that would allow higher bonuses comes into place. Michael Moore has the details on Bloomberg...
Bloomberg
BofA Gains More Than $15 Billion in Deposits After SVB Fails
Bank of America Corp. emerged as one of the big winners after the collapse of Silicon Valley Bank and two smaller banks, getting more than $15 billion in new deposits in a matter of days. Michael Moore reports on Bloomberg...
Bloomberg
Credit Suisse Latest: Shares Sink to a New Record Low
Credit Suisse Group AG shares hit a record low on Wednesday after the bank's top shareholder ruled out investing any more in the troubled Swiss bank. Jan-Patrick Barnert reports on Bloomberg Television.
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Bloomberg
Fed Should Stay on Course to Raise Rates: Morgan Stanley
Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, says the Federal Reserve should "stay the course" on fighting inflation as the current situation with banks is different from 2007 and 2008. She speaks on...
Bloomberg
UBS Credit Outlook Cut to Negative on Credit Suisse Deal
UBS Group AG's credit outlook was cut to negative from stable by S&P Global Ratings and Moody's Investors Service following its emergency takeover of Credit Suisse Group AG. Tom Metcalf reports on Bloomberg Television.
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Bloomberg
Fed Should Pause in a Way That Doesn't Alarm: Dudley
William Dudley, former New York Federal Reserve president and Blomberg Opinion columnist, suggests that the Fed should pause on rate hikes in this week's decision as he sees the current situation as a "a lack of confidence in banks" and...
Bloomberg
$275 Billion AT1 Bank Funding Market at Risk of Tailspin
Swiss Authorities decided to fully write off AT1s of Credit Suisse Group AG as part of UBS Group AG's acquisition of the firm while leaving shareholders with some recovery. The move is "not good news for the funding of European banks,"...
Bloomberg
Credit Suisse Latest: Ripple Effects of AT1 Wipeout
Swiss Authorities decided to fully write off AT1s of Credit Suisse Group AG as part of UBS Group AG's acquisition of the firm. Francine Lacqua examines the impact of the move on Bloomberg Television.
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Bloomberg
HSBC More Confident on Banks After Credit Suisse Deal
Max Kettner, chief multi-asset strategist at HSBC, says the broader banks are "getting pretty close to pretty attractive entry levels," as he sees a lot priced in from a relative perspective. He speaks on "Bloomberg...
Bloomberg
El-Erian Says Some US Regional Banks Face 'Bumpy' Road Ahead
Mohamed El-Erian, president at Queens College Cambridge and Bloomberg Opinion columnist, shares his views on the regional banking crisis in the US. He speaks with Lisa Abramowicz and Jonathan Ferro on a special edition of "Bloomberg...
Bloomberg
Credit Suisse Deal Doesn't Solve Problem for Europe: Tchir
"I'm not in love with what happened in Switzerland today, says Peter Tchir, head of macro strategy at Academy Securities, as he discusses UBS Group AG's deal to purchase Credit Suisse Group AG on a special edition of "Bloomberg...
Bloomberg
Credit Suisse Takeover by UBS Is a Bailout: El-Erian
Mohamed El-Erian, president at Queens College Cambridge and Bloomberg Opinion columnist, says of UBS Group AG's deal to purchase Credit Suisse Group AG "yeah, it was a bailout," but, "of the available options, this was the best one that...
Bloomberg
What Does the UBS-CS Deal Mean for the Bond Market?
Bob Michele, chief investment officer of fixed income at J.P. Morgan Asset Management, discusses UBS Group AG's agreement to buy Credit Suisse Group AG, the implications for bond markets and the banking industry. Holders of Credit Suisse...
Bloomberg
Deutsche Bank Slides as European Bank Worries Persist
Deutsche Bank AG shares slumped the most in three years Friday as the company became the latest focus of the banking turmoil in Europe. Jan-Patrick Barnert reports on Bloomberg Television.
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Bloomberg
Equities All About Quality, Boring Metrics: JPM's Gimber
Hugh Gimber, global market strategist at JPMorgan Asset management, says he's nervous about the strength in equities as interest rate cuts are coming for the wrong reasons. He speaks with Dani Burger on "Bloomberg Surveillance Early...
Bloomberg
BOE's Bailey Sees Global Markets Testing Banks for Weakness
Bank of England Governor Andrew Bailey said the UK banking system remains in a "very strong position," and global markets are testing "quite a lot" of the banking sector for any signs of trouble after the failure of Silicon Valley Bank...