Bloomberg
Credit Suisse Chairman to Shareholders: 'Truly Sorry'
\Credit Suisse Group AG Chairman Axel Lehmann offered an apology to the firm's shareholders Tuesday, saying "I apologize that we were no longer able to stem the loss of trust that had accumulated over the years and for disappointing...
Bloomberg
Equities Risk Reward 'Not Necessarily Fantastic': UBS
Mark Haefele, chief investment officer at UBS Global Wealth Management, explains why his firm increasing allocation to fixed income over equities amid the fallout from banking issues. He speaks with Dani Burger on "Bloomberg Surveillance...
Bloomberg
M&G Investments' Pershad on Markets, Strategy
Vikas Pershad, Asian Equities Portfolio Manager at M&G Investments, discusses his outlook for markets and investment strategy. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
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
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
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
FOMO Is Back in Markets, Says iCapital's Amoroso
Anastasia Amoroso, chief investment strategist at iCapital, says investors have had time on their side to prepare their portfolios for a recession as she sees a return to the "fear or missing out" in markets. She speaks on "Bloomberg...
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
Hashkey Capital on Business
Michel Lee, Executive President at Hashkey Capital, discusses his views on Hong Kong's Crypto trading environment and Hashkey Capital's business expansion plans. He speaks with Annabelle Droulers from the sidelines of the "Hong Kong Web3...
Bloomberg
UniCredit 'Steady as She Goes' Amid Bank Worries: CEO
UniCredit Chief Executive Officer Andrea Orcel discusses his firm's approach amid the recent turbulence in the banking sector. He speaks with Erik Schatzker at the Bloomberg New Economy Gateway Europe.
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Bloomberg
Tony Blair on Starmer, Brexit, US Relations
Former UK Prime Minister Tony Blair discusses Keir Starmer's performance as Labour Party leader, the impact of Brexit on the nation's financial and technology sectors, and relations with the US and China with Bloomberg's Lizzy Burden.
Bloomberg
Preferred Shares Suffer as Historic Rout Spreads From Banks
Growing concern about the health of US regional banks has investors bailing on preferred shares at a historic clip. Valerie Tytel reports on Bloomberg Television.
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Bloomberg
Chinese Bank Stocks Add $166 Billion in Trading Frenzy
Chinese bank shares soared Monday after more lenders cut deposit rates and further progress on state-owned enterprise reform boosted sentiment. Jonas Bergman reports on Bloomberg Television.
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Bloomberg
Westpac Banking Sees Tougher Economic Outlook as Profit Climbs
Westpac Banking Corp. has reported first-half profit that slightly edged ahead of analysts' estimates. Still, the Australian lender said it expects a tougher economic environment ahead. Paul Allen reports on Bloomberg Television.
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Bloomberg
Citadel Securities's Zhao: Optimistic With AI Revolution
Peng Zhao, chief executive officer at Citadel Securities, says he is "optimistic with the current AI revolution" and sees automation and artificial intelligence freeing worker for innovative pursuits. He speaks with Erik Schatzker at the...
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...
Bloomberg
What the First Republic Acquisition Means for JPMorgan
Chris Marinac, director of research at Janney Montgomery Scott, examines JPMorgan Chase & Co.'s acquisition of First Republic Bank on "Bloomberg Surveillance."
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Bloomberg
Swedbank CEO Says Completion for Savings, Lending Increased
Swedbank AB Chief Executive Officer Jens Henriksson discusses the lender's financial results, prospects and strategy. Swedbank joined fellow Swedish peers SEB AB and Svenska Handelsbanken AB by delivering better-than-expected net income...
Curated Video
SYND 30/09/1969 SCENES AT FRANKFURT FOREIGN EXCHANGE MARKET
Scenes at Frankfurt Foreign Exchange market as German Mark floats free for first time
1ms exterior Frankfurt Foreign Exchange market
2 ms sign 'Frankfurter Wertpapierborse'
3 ms interior exchange activity
4 ms exchange rates chalked...
Curated Video
Bernanke arrival at Fed ahead of interest rate cut announcement
1. Car carrying US Federal Reserve Chairman Ben Bernanke arriving at Federal Reserve, security barrier closes
The US Federal Reserve has cut its target for a key interest rate to the lowest level on record and pledged to use
"all...
Curated Video
SWITZERLAND: GENEVA: MINISTERS GATHER FOR ADB CONFERENCE
Natural Sound
Finance ministers and central bank governors from across Asia are in Geneva for the annual conference of the Asian Development Bank. (A-D-B)
Despite the Asia Pacific region's struggle to recover from the financial crisis...