Bloomberg
Goldman Startup Investor Somaiya Promoted to Senior Wealth Role
Goldman Sachs is elevating Nishi Somaiya, who helped high-flying startups with their multi-billion dollar fundraising efforts, to a senior leader role in its private wealth unit. Somaiya joins Sonali Basak, Ed Ludlow and Caroline Hyde...
Bloomberg
IMF's Gourinchas on Global Outlook, Banks and Inflation
IMF Chief Economist Pierre-Olivier Gourinchas sees a potential contraction in bank lending possibly weighing on global growth this year and says inflation has been "stickier than we'd like." Speaking with Guy Johnson and Alix Steel on...
Bloomberg
Morgan Stanley's Caron Expects Credit Crunch, Not Crisis
Morgan Stanley Global Balanced Funds co-CIO Jim Caron says he sees a credit crunch ahead that will happen over time and not be a "sudden shock event." He speaks during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Breaking Down the Banking Crisis
Glenn Hubbard, Columbia School of Business Dean Emeritus and Professor of Finance and Economics dives into the banking crisis and shoring up confidence in the financial system. He also discusses the looming debt ceiling deadline.
Bloomberg
Yellen Proposes FSOC Revisions to Nonbank Oversight
"The existing guidance, issued in 2019, created inappropriate hurdles as part of the designation process," US Treasury Secretary Janet Yellen says during a Financial Stability Oversight Council meeting.
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Bloomberg
JPMorgan Asset Management Says US Regional Banks 'Area of Concern'
Jonathan Liang, head of investment specialists for Asia ex-Japan at JPMorgan Asset Management, discusses how the Federal Reserve's policy, the concerns of a potential U.S. recession and the regional banking crisis are affecting financial...
Bloomberg
Weighing Recession Risks
David Bianco, DWS Americas CIO and Sharmin Mossavar-Rahmani, Goldman Sachs Wealth Mgmt CIO dive into growth in the US and how earnings in other countries stack up. They also evaluate which country has benefitted the most from globalization.
Bloomberg
El-Erian Worried Banking 'Cancer' Starting to Spread
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."...
Bloomberg
ICapital's Amoroso Likes Tech, Avoiding Regional Banks
Anastasia Amoroso, iCapital's chief investment strategist, explains why she's less constructive on stocks in the near term and advises investors to get out of economically interest-rate sensitive names on "Bloomberg The Open."
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Bloomberg
Fed Says Banks Tightened Loan Standards in First Quarter
he Federal Reserve said that banks reported tighter standards and weaker demand for commercial and industrial loans in the first quarter, extending a trend that began before recent stresses in the banking sector emerged. Bloomberg's...
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
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
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
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
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...
Bloomberg
Markets in 3 Minutes: Bank Turmoil Matters But It's No Crisis
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Europe."
Bloomberg
Curtayne: Buy Staples, Utilities & Defensive Stocks
Milford Asset Management Portfolio Manager Will Curtayne recommends buying staples, utilities and defensive equites on any weakness. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East".
Bloomberg
Private Credit Markets Attractive, Lawrence Golub Says
Golub Capital CEO Lawrence Golub discusses the current state of credit markets with Lisa Abramowicz at the Greenwich Economic Forum.
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...
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
China to Shake Up Interest Rates
Jul.25 -- Lu Sun, China strategist at Citigroup Global Markets, discusses China’s interest rate system and how it could be simplified. She speaks on “Bloomberg Markets: China Open.”
Bloomberg
Freddie Mac Will Perform Relatively Well in a Downturn, CEO Says
Feb.25 -- Don Layton, Freddie Mac chief executive officer, discusses the financial health and future of Freddie Mac with Bloomberg's Scarlet Fu and Caroline Hyde on "Bloomberg Markets: The Close."
Bloomberg
AIIB CFO on Lending Priorities, Expansion Plans
Andrew Cross, CFO at the Asian Infrastructure Investment Bank, speaks with Haslinda Amin, Shery Ahn and Haidi Stroud-Watts from the sidelines of the "Milken Institute Asia Summit" on "Bloomberg Daybreak: Asia".
Bloomberg
Moynihan Sees BofA Loan Growth Up Single Digits in 2022
Bank of America Chief Executive Officer Brian Moynihan sees the company's customers as able to take on more debt, expects rates to go up in 2022 and says the bank's investment-banking pipeline is "full." He speaks with Bloomberg's David...