News Clip1:46
Bloomberg

Goldman Sachs Profit Slumps 33%; CEO Pleads Patience on Pivot

Higher Ed
Goldman Sachs Group Inc.'s property investments drove a $212 million loss in the equity book last quarter and an additional $358 million in impairments contributed to a 33% drop in profit. Su Keenan reports on Bloomberg Television.
News Clip5:23
Bloomberg

CFRA's Leon on US Bank Earnings Season

Higher Ed
Ken Leon, Director of Equity Research at CFRA, discusses the US bank earnings season and outlook for the sector. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
News Clip2:59
Bloomberg

Goldman's Nachmann May Be Reshaping Solomon's Legacy

Higher Ed
Marc Nachmann is one year into a critical effort to fire up Goldman's $3 trillion asset and wealth management division, and in the process fire up its stock. If Nachmann succeeds, it could go as far as reshaping CEO David Solomon's...
News Clip1:22
Bloomberg

JPMorgan 3Q Investment Banking Revenue Tops Estimates

Higher Ed
JPMorgan Chase & Co. reported third-quarter results that beat expectations on investment banking revenue and FICC sales and trading revenue. Sonali Basak and Jonathan Ferro examine the numbers on Bloomberg Television.
News Clip5:52
Bloomberg

Citi's Woodruff on ANZ Markets, Economy

Higher Ed
Mark Woodruff, Australia and New Zealand CEO at Citi, discusses the outlook for the region's markets and economy. He speaks with Paul Allen on the sidelines of the "Citi Australia and New Zealand Investment Conference" on "Daybreak Asia".
News Clip1:49
Bloomberg

Howard Marks: You Can Get Equity Type Returns on Credit Instruments

Higher Ed
Oaktree Capital Management co-Chairman and co-Founder Howard Marks predicts investors will transition towards fixed income assets due to increasing interest rates. This episode of "Bloomberg Wealth with David Rubenstein" was recorded...
News Clip1:27
Bloomberg

Howard Marks Sees Rates Between 2% and 4%

Higher Ed
Oaktree Capital Management co-Chairman and co-Founder Howard Marks talks how he expects interest rates to stay relatively high for the foreseeable future and why he wants the Federal Reserve get to a more "neutral position." This episode...
News Clip1:14
Bloomberg

Howard Marks: 'Don't Underestimate the Psychological Factor' of Investing

Higher Ed
Oaktree Capital Management co-Chairman and co-Founder Howard Marks advises weariness when it comes to forecasting the markets and says the reaction to market-shifting events is just as impactful as the event itself. This episode of...
News Clip2:07
Bloomberg

Raising Capital Has Gotten Harder: Marty Nesbitt

Higher Ed
Vistria Group Founding Partner & Co-CEO Marty Nesbitt discusses how raising capital for private equity has become more difficult with rising interest rates. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June 28th...
News Clip0:55
Bloomberg

Marty Nesbitt on Building The Parking Spot

Higher Ed
Vistria Group Founding Partner, Co-Chairman, and Co-CEO Marty Nesbitt recounts working with US Commerce Secretary Penny Pritzker to develop The Parking Spot. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June...
News Clip1:02
Bloomberg

The Obama Preidential Center Will Promote Change: Nesbitt

Higher Ed
Vistria Group Founding Partner, Co-Chairman, and Co-CEO Marty Nesbitt discusses his work as Chair of the Obama Foundation. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June 20th in Chicago.
News Clip2:20
Bloomberg

Marty Nesbitt: Do Business With People You Like

Higher Ed
Vistria Group Founding Partner & Co-CEO Marty Nesbitt stresses the importance of working with people you like in order to be successful in business. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June 28th in...
News Clip6:20
Bloomberg

AIIB's Cross on Development Financing in Asia

Higher Ed
Andrew Cross, chief financial officer at the Asian Infrastructure Investment Bank, discusses the investment climate around development financing in Asia and the challenges facing infrastructure projects in the region. He speaks with...
News Clip2:28
Bloomberg

Citigroup Plans Job Cuts as Bank Is Restructured

Higher Ed
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser restructures the Wall Street giant to operate from five main businesses. Bloomberg's Sonali Basak has the breaking news on "Bloomberg The...
News Clip7:49
Bloomberg

Third Quarter Is Key for Goldman Sachs CEO, Cohan Says

Higher Ed
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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News Clip1:56
Bloomberg

Grantham Sees a US Recession Running Deep Into Next Year

Higher Ed
Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), predicts a US recession "running perhaps deep into next year." Grantham says we have entered a period of "moderately higher inflation."...
News Clip0:59
Bloomberg

Novogratz: Gensler and SEC Need to Make Rules Clear for Crypto

Higher Ed
Galaxy Digital Founder & CEO Mike Novogratz claims the SEC has failed to provide clear guidelines for cryptocurrency regulation and says the confusion is holding the industry back. This episode of "Bloomberg Wealth with David Rubenstein"...
News Clip0:53
Bloomberg

Novogratz: I Didn't Know Sam Bankman-Fried Was a 'Sociopath'

Higher Ed
Galaxy Digital Founder and CEO Mike Novogratz talks about how the fall of Sam Bankman-Fried and FTX shattered faith in the crypto industry. This episode of "Bloomberg Wealth with David Rubenstein" was recorded July 26th in New York.
News Clip1:43
Bloomberg

SEC's Gensler Has Thwarted Growth of Crypto: Novogratz

Higher Ed
Galaxy Digital Founder & CEO Mike Novogratz talks about the politics behind cryptocurrencies and outlines the difference between Republican and Democratic stances on the crypto industry. This episode of "Bloomberg Wealth with David...
News Clip0:47
Bloomberg

AI Will Disrupt the Legal Profession the Most, Sternlicht Says

Higher Ed
Starwood Capital Group Chairman and CEO Barry Sternlicht says AI will disrupt the market for office space, because certain industries won't need as many people in their ranks. He points to the legal field as the top industry to be...
News Clip1:16
Bloomberg

Barry Sternlicht on Building an Hotel and Real Estate Empire

Higher Ed
Starwood Capital Group Chairman & CEO Barry Sternlicht talks about building Starwood Hotels into a global lodging powerhouse. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June 28th in New York.
News Clip10:42
Bloomberg

Citigroup's Paco Ybarra on Investment Banking Slump, Rates Trading

Higher Ed
Citigroup's Paco Ybarra on the investment banking slump, headcount pressures, and rates trading. He speaks exclusively with Bloomberg's Sonali Basak in New York.
News Clip7:54
Bloomberg

Citi's Ybarra Says Banking Revenue Slump Will Turn

Higher Ed
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...
News Clip10:26
Bloomberg

First Look With Surveillance: UK Inflation Falls, ASML

Higher Ed
Dani Burger and Kriti Gupta take you through what to watch today.