Bloomberg
Indian Billionaire Uday Kotak Resigns as Bank CEO Earlier Than Expected
Uday Kotak has suddenly resigned Saturday as managing director and chief executive officer of Kotak Mahindra Bank Ltd. India's richest banker is becoming a non-executive director. Dipak Gupta, the joint managing director, will take...
Bloomberg
UBS Seeing Inflows Across Platforms, CEO Ermotti Says
UBS Group AG Chief Executive Officer Sergio Ermotti discusses the bank's strategy and its integration of Credit Suisse. The Swiss lender posted the biggest-ever quarterly profit for a bank in the second quarter as a result of the merger....
Bloomberg
UBS to Cut 3,000 Jobs in Credit Suisse Integration
UBS Chief Executive Officer Sergio Ermotti says, "we will have around 3,000 jobs that will be made redundant over the next years," as he discusses job cuts that will stem from the integration of Credit Suisse's Swiss unit. He speaks with...
Bloomberg
Pernod Ricard CEO Sees 'Soft' Sales Ahead in US
Pernod Ricard CEO Alexandre Ricard discusses fourth-quarter results and says the company expects a "soft Q1 in the US" for sales. He speaks on "Bloomberg Surveillance Early Edition." (Corrects company name in headline and description.)
Bloomberg
NYC Converting Office Space to Housing
Willy Walker, Walker & Dunlop Chairman & CEO discusses the rezoning of midtown Manhattan and the housing affordability crisis. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
Post-Pandemic Fitness Industry
Joey Gonzalez, Barry's CEO discusses his gym's new global locations and the climate of the fitness industry post-pandemic. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
BHP CEO: China Outlook Looks Uncertain
Mike Henry, chief executive officer at BHP, discusses the company's China outlook, short-term pricing for commodities in China and his outlook for the property sector. He speaks on Bloomberg Television.
Bloomberg
Goldman CEO's Loyal Deputy Is Tested by Mutinous Partners
Goldman Sachs Group executives that have grown frustrated with CEO David Solomon's leadership are turning to the bank's second-in-command John Waldron to air their grievances. Will Waldron be tempted to break with his longtime mentor...
Bloomberg
BP CEO Looney on Shareholder Returns, Gas Trading, Oil Prices
BP CEO Bernard Looney discusses shareholder returns, gas trading and oil demand after the firm's second-quarter profit fell by more than expected. He speaks with Dani Burger on "Bloomberg Markets Today."
Bloomberg
HSBC CEO Quinn on Earnings, Investing in Asia, UK HQ
Noel Quinn, chief executive officer at HSBC Holdings Plc, discusses second quarter earnings, investment in Asia and the bank's commitment to the UK. He speaks to Francine Lacqua on "Bloomberg Daybreak: Europe."
Bloomberg
HSBC's Quinn: We Are Looking to Invest in All of Asia
"We are looking to invest in all of Asia, see great opportunities here in China and in Hong Kong." Noel Quinn, chief executive officer at HSBC Holdings Plc, discusses second quarter earnings and his investment in Asia. He speaks on...
Bloomberg
HSBC's Quinn: UK is Very Good Place to have an HQ
"The UK is a very good place to have a headquarter for a global institution." Noel Quinn, chief executive officer at HSBC Holdings Plc, discusses his commitment to the UK as a financial hub. He speaks on Bloomberg Television.
Bloomberg
Philippine's BPI Sees Profit Continuing Growth Trend: CEO
Jose Teodoro Limcaoco, president and chief executive officer at Bank of the Philippine Islands, the second largest bank in the country, discusses the bank's profitability, credit demand and his outlook on interest rates in the country....
Bloomberg
Shell Hikes Dividend, Raises Buybacks as Profit Falls
Shell Chief Executive Officer Wael Sawan discusses second-quarter results on "Bloomberg Markets Today."
Bloomberg
NatWest CEO Alison Rose Steps Down in Farage Fallout
NatWest Group Plc Chief Executive Officer Alison Rose is stepping down and will leave by "mutual consent" after a row over closed accounts held by politician-turned-pundit Nigel Farage. Sofia Horta e Costa reports.
Bloomberg
Stellantis to Focus on Cost Cuts to Protect Profits: CEO
Stellantis Chief Executive Officer Carlos Tavares discusses plans to slash costs by securing better deals with suppliers and making products more affordable for consumers. He speaks with Dani Burger on "Bloomberg Surveillance Early...
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
Italy's SACE Sees No Immediate Concerns Over Bad Debt
Italian companies are weathering the rapid rise in interest rates and inflation as defaults remain at pre-Covid levels, according to the head of the country's credit insurer SACE SpA. Firms have solid liquidity buffers "also thanks to...
Bloomberg
KBW CEO Sees 'A Reset Underway' in Bank Earnings
Tom Michaud, chief executive officer at KBW, expects a "reset to profitability" in bank earnings after cutting estimates 20% for 2024. He speaks on "Bloomberg Surveillance."
Bloomberg
Circle CEO Allaire on Crypto Market Outlook, Regulations, Strategy
Jeremy Allaire, chief executive officer and founder of Circle Internet Financial Ltd., the issuer of stablecoin USD Coin, discusses the outlook for the crypto market, regulations, and the company's strategy for Asia. He speaks on the...
Bloomberg
Deutsche Bank CEO Sees Trading Recovery in Second Half
Deutsche Bank AG Chief Executive Officer Christian Sewing says he expects trading results to improve in the second half as clients navigate a complex and challenging economy. "There is momentum in the business on the fixed side,"...
Bloomberg
Korea's Wealth Fund Bets on Alternative Assets to Drive Gains
As major geopolitical and economic uncertainties loom large, South Korea's sovereign wealth fund is aiming to maximize its permitted allocation toward alternative assets. Bloomberg's David Ingles sat down exclusively with Seoungho Jin,...
Bloomberg
SEC Seeks 'Alternative Means' to Serve Papers to Binance CEO CZ
The Securities and Exchange Commission has asked a federal court for permission to use "alternative means" to serve papers to Binance Holding Ltd. and Chief Executive Officer Changpeng Zhao, better known as CZ, who is, according to the...
Bloomberg
LVMH's Arnault Plans to Visit China After Musk and Dimon
China has been rolling out the red carpet for global business leaders including JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and Tesla Inc. CEO Elon Musk. Beijing wants to calm fears the country is becoming more hostile...