Bloomberg
Corzine's Wall Street Return Faces Futures Trading Foes
Critics of Jon S. Corzine are renewing efforts to halt his comeback attempt as three prominent executives in the futures industry are asking the US Commodity Futures Trading Commission to take another close look at Corzine and his young...
Bloomberg
Wall Street Braces for $15 Billion Wave of LBO Debt
Bankers are expected to kick off a series of new junk bonds and loans tied to M&A after the Labor Day holiday in the US. Paula Seligson has more on "Bloomberg Markets."
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Bloomberg
Citadel's Hunt For Next Math Geniuses
Citadel is going all out to hire what it calls truly exceptional interns amid an intense battle for young talent across Wall Street and Silicon Valley. Billionaire Ken Griffin's financial empire is paying students over $19,000 a month in...
Bloomberg
Bank of America Trading Desks Gain Ground
Bank of America has been quietly making headway in a bid to narrow the gap with its main competitors. Since Jim DeMare took over the bank's global markets division in a flurry of leadership changes three years ago, he and his colleagues...
Bloomberg
Goldman Sachs to Enforce Five Days a Week Office Policy
Goldman Sachs is embarking on a fresh effort to enforce its policy of working from the office five days a week. Sri Natarajan and William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World," react on "Bloomberg...
Bloomberg
Third Quarter Is Key for Goldman Sachs CEO, Cohan Says
William Cohan, Puck founding partner and author, talks about the power struggle in Goldman Sachs and what CEO David Solomon has to do to keep his job.
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Bloomberg
CalPERS CIO Is Focused on a 6.8% Rate of Return
After suffering its biggest loss in a decade in 2022, CalPERS Chief Investment Officer Nicole Musicco says she is focused on hitting her target rate of return of 6.8% over 20 years. This episode of "Bloomberg Wealth with David...
Bloomberg
US Tech Storms Back; Treasury Yields Hit Highest Since 2007
Technology stocks rallied in the US, outweighing concerns over higher Treasury yields. Alexandra Semenova reports on Bloomberg Television.
Bloomberg
Wall Street Bond Bulls Double Down Bets on US Treasuries
Bond bulls are sticking with their US government bond strategy after an especially painful week that saw the annual return on US government bonds fall into the red as Treasury yields flirt with a 15-year high. Kriti Gupta and Simon White...
Bloomberg
Rosenberg: The Recession Has Been Delayed, Not Derailed
David Rosenberg, Rosenberg Research founder, says a US recession has been delayed, not derailed. He speaks on BNN Bloomberg on Aug. 17 about his outlook for the economy.
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Bloomberg
Summers on the Slowdown in China
Former US Treasury Secretary Lawrence Summers and Steve Rattner of Willett Advisors talk about the economic troubles facing China. They appear on Bloomberg Television's "Wall Street Week with David Westin."
Lawrence H. Summers, former...
Bloomberg
What Will Fed Chair Jay Powell Say at Jackson Hole?
Federal Reserve Chair Jerome Powell will speak next Friday at the Kansas City Fed's Jackson Hole Economic Policy Symposium, the US central bank said. All of Wall Street is now waiting to hear what he says.
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Bloomberg
Goldman CEO Solomon's Leadership Under Scrutiny
There have been concerns about Goldman's consumer banking effort and questions around David Solomon's leadership as CEO. But a New York magazine article over the weekend took this all a step further, asking, "Is David Solomon Too Big a...
Bloomberg
Bitcoin Isn't Going Away, Says David Rubenstein
Carlyle Group Co-Founder and Co-CEO David Rubenstein says Bitcoin isn't going away. But he says lawmakers are going to keep taking a very close look at it. Rubenstein also talks about BlackRock's effort to launch a spot Bitcoin ETF. He...
Bloomberg
Wall Street Hit With New WhatsApp Fines
Wells Fargo and BNP Paribas are among firms that will pay hundreds of millions of dollars in penalties for employees using unofficial communications like WhatsApp and personal email to conduct business. Sonali Basak has more on...
Bloomberg
Fed's Goolsbee on Jobs, Inflation, Credit Downgrade
Federal Reserve Bank of Chicago President Austan Goolsbee talks about the US July employment report, trying to bring down inflation and Fitch's downgrade of the country's credit rating. He speaks to Bloomberg's David Westin at the Aspen...
Bloomberg
First Look With Surveillance: China Signals, Adidas Gains
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
Citi's Ybarra Says Banking Revenue Slump Will Turn
Paco Ybarra, Citigroup Institutional Clients Group CEO, tells Bloomberg's Sonali Basak that the slump in investment banking revenue can't get much worse. He talks about pressure on the sector and how banks could be impacted by new...
Bloomberg
How Would Generative, Predictive AI Change Wall Street?
Jan Szilagyi, co-founder and chief executive officer of Toggle AI, a generative artificial intelligence fintech startup that uses machine learning to turn institutional-grade data into insights for investors, discusses what generative...
Bloomberg
CI RegentAtlantic's Kapyrin on Markets
Andy Kapyrin, Partner and Co-CIO at CI RegentAtlantic Private Wealth, discusses his outlook for markets ahead of the US CPI report. He speaks with Haidi Stroud-Watts and Kathleen Hays on "Daybreak Asia".
Bloomberg
Tesla Sets a New Delivery Record After Price Cuts
Tesla Inc. delivered a record number of cars globally in the second quarter. This suggests the electric-vehicle maker's plan to chase volume by cutting prices is working. Paul Allen reports on Bloomberg Television.
Bloomberg
Goldman Sachs Is No Longer the World's Top Dealmaker
Goldman Sachs Group Inc. has lost its ranking as the world's top mergers and acquisitions adviser for the first time in five years. JPMorgan is now number one based on data compiled by Bloomberg. Bloomberg's Michelle Davis...
Bloomberg
Fidelity Reportedly Ready to Launch a Spot Bitcoin ETF
Bitcoin is hovering around its one-year high as asset manager Fidelity reportedly readies its filing for a spot exchange-traded fund for the digital asset. Bloomberg's Vildana Hajric reports.
Bloomberg
UBS to Cut More Than Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG's workforce starting next month as a result of the bank's emergency takeover. Total job losses could add up to about 35,000. Bloomberg's Sonali Basak...