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Bloomberg
JPMorgan to Pay $920 Million in Record Spoofing Case
Sep.29 -- JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the...
Bloomberg
Credit May Lose Some ‘Mania’ on Prospect of Fed Steps Ending
Nov.20 -- A rally in global credit markets sparked by unprecedented stimulus since the start of the pandemic will be tested by the prospect of Federal Reserve backstops ending. Dani Burger reports on "Bloomberg Markets: European Open."
Bloomberg
Credit Suisse Picks Horta-Osorio for Chairman
Dec.01 -- Credit Suisse Group AG is proposing that its new chairman will be the outgoing CEO of Lloyds Banking Group Plc, Antonio Horta-Osorio. Shareholders will vote on his nomination in April. Bloomberg’s Tom Metcalf reports on...
Bloomberg
LME Ring Closure Decision Likely to Come in April, CEO Says
Jan.20 -- London Metal Exchange Chief Executive Officer Matthew Chamberlain discusses the proposal to close the exchange’s open-outcry trading floor. He speaks with Bloomberg’s Dani Burger on "Bloomberg Markets: European Open."
Bloomberg
The Day Oil Went Negative, These Unlikely Traders Made $660 Million
May.11 -- Over the span of a few hours one day in April 2020, a guy called Cuddles and eight of his pals from the freewheeling world of London’s commodities markets rode oil’s crash to a $660 million profit. Now regulators are...
Bloomberg
Risk Assets Plunge as Thanksgiving Ruined: 3-Minute MLIV
Mark Cudmore and Francine Lacqua break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
Bloomberg
XM Australia CEO McGuire on the Week Ahead
XM Australia CEO Peter McGuire discusses the G-7 Summit, inflation and recession concerns and the major events that he's looking out for in the week ahead. He speaks on "Bloomberg Daybreak: Australia" with Haidi Stroud-Watts and Shery Ahn.
Bloomberg
Yen Rebounds on Intervention Signs
The yen rebounded from near 24 year lows on signs that the BOJ is preparing an intervention potentially to prop up the currency. Ruth Carson reports on Bloomberg Television.
Bloomberg
Oil Steadies After Wild Ride Amid OPEC-Headline Turmoil
Oil is little change after a volatile session after Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman denied a report that it was discussing a production increase, and there are concerns about China's demand as repeated Covid-19...
Bloomberg
EU Proposes Emergency Cap on Benchmark Gas Futures
The European Commission proposed an emergency brake on natural gas prices to prevent excessive spikes, as it seeks to limit the damage to the economy from Russia's continuing squeeze on energy. Rachel Morison reports on "Bloomberg...
Bloomberg
Oil Plunges to Lowest Since 2021
Oil tumbled to the lowest level since December as a wave of unrest in China punished risk assets and clouded the outlook for energy demand, adding to stresses in an already-fragile global crude market. Paul Wallace reports on...
Bloomberg
Hedge Funds Buy Amazon, Sell Meta, Warner Discovery
Hedge funds are buying Amazon.com Inc shares while selling Meta Platforms Inc., Warner Bros Discovery Inc and Ginkgo Bioworks Holdings Inc. in their latest investment moves, according to Bloomberg's preliminary analysis of 13F...
Bloomberg
Goldman Sachs Issues Bonus Warning for Traders
Goldman Sachs Group Inc. executives warned the firm's global markets division this week that its compensation pool will be slashed by a low double-digit percentage, as annual trading revenue is on track to top $25 billion. Tom...
Bloomberg
Oil Steadies After Three-Day Drop
Oil prices steadied after a three-day slump as warnings from major US banks and a tough outlook for 2023 stoked concern over prospects for demand and dented appetite for risk assets. Robert Verdonck reports on Bloomberg Television.
Bloomberg
Oil Holds Two-Day Drop as US Oil Inventories Expand
Oil under pressure after the US government's weekly report showed that total crude inventories rose to their highest since the Summer of 2021. Natalia Kniazhevich reports on Bloomberg Television.
Bloomberg
Oil Slips on U.S. Supply Build
Oil under pressure after the US government's weekly report showed that total crude inventories rose to their highest since the summer of 2021. Natalia Kniazhevich reports.
Bloomberg
Markets in 3 Minutes: Europe Economic Data, Rates Outlook; BOJ
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
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Bloomberg
Credit Suisse's Golub Sees Snap Back for Growth Stocks
Jonathan Golub, Credit Suisse's US equity strategist and quantitative research head, says he expects growth stocks to outperform this year as corporate earnings decline and wages rise. "Last year the whole story was value -- we...
Bloomberg
Rogers Investment Advisors CEO on BOJ Policy
Ed Rogers, CEO and CIO at Rogers Investment Advisors, looks ahead to the Bank of Japan's policy decision. He speaks with Kathleen Hays on "Bloomberg Daybreak: Australia".
Bloomberg
Bank of Japan Holds Policy
The Bank of Japan decided against making more adjustments to its yield curve control program, prompting a sharp slide in the yen as it tried to contain speculation over policy normalization fueled by December's shock move. Kathleen Hays...
Bloomberg
Paris is the New, Hot Trading Hub
Paris is fast becoming a new trading hub for European markets post Brexit. Citigroup, for example, is building a new, second trading floor and plans to double its Paris office staff. Other major banks are also increasing Paris-based...
Bloomberg
MLIV Pulse: Do You Expect Actively Managed or Passive Mutual Funds To Outperform This Year?
During this week's MLIV Pulse survey, Bloomberg TV guests respond to the question: Do you expect actively managed or passive mutual funds to outperform this year?
Bloomberg
Saudis Send Bullish Message About Oil With Price Hike
Saudi Arabia signaled it sees oil demand picking up in Asia and Europe by raising most prices for crude shipments to the regions. Bloomberg's Paul Wallace reports on what the move mean for oil prices and about the United Arab...
Bloomberg
UAE Isn't Leaving OPEC
The United Arab Emirates has no plans to leave the OPEC alliance, officials said on condition of anonymity, denying a report that sent oil prices tumbling. Bloomberg's Julia Fanzeres reports.
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