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Bloomberg
Mayo: Big Banks Have Turned the Page
Veteran bank analyst Mike Mayo tells Bloomberg that the sector has turned the page and he doesn't think there is going to be any crisis. He's on "Bloomberg Markets."
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Bloomberg
The Key Takeaways From Goldman's Q2 Earnings Report
Goldman Sachs reported second-quarter earnings fell 58% on an investment-banking slump, real estate markdowns and a goodwill writedown in the consumer business. Sridhar Natarajan discusses the key takeaways from Goldman's earnings...
Bloomberg
Morgan Stanley CEO Gorman on Succession, Second-Quarter, Headcount
Morgan Stanley CEO James Gorman discusses the firm's plans to replace him when he steps down, second-quarter results, and staffing plans. Speaking with Bloomberg's Sonali Basak, Gorman also discusses the outlook for a US recession and...
Bloomberg
US Big Banks Beat on Equity-Underwriting Revenue
Wall Street giants beat analysts' expectations for equity-underwriting revenue last quarter. Su Keenan reports on Bloomberg Television.
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
Multiverse CEO on Future of Hiring, IPO Plans, US Expansion
Education tech startup Multiverse is building an alternative to university and corporate training through professional apprenticeships. The company's chief executive, Euan Blair, spoke to Bloomberg's Lizzy Burden about training and...
Bloomberg
Afsaneh Beschloss Says an MBA isn't Necessary
RockCreek Founder & CEO Afsaneh Beschloss says young professionals don't necessarily need an MBA to succeed in the investing world. Instead of the "outdated" MBA program, Beschloss suggests diving deeper into an area of interest. This...
Bloomberg
Afsaneh Beschloss Avoid Hubris When Investing
RockCreek Founder & CEO Afsaneh Beschloss says it is important to avoid hubris when investing. She predicts that following innovation will lead to successful returns. This episode of "Bloomberg Wealth with David Rubenstein" was recorded...
Bloomberg
Afsaneh Beschloss on the Iran Protests
RockCreek Founder & CEO Afsaneh Beschloss discusses the large-scale demonstrations protesting treatment of women in Iran as she contemplates whether she will ever return to her home country. This episode of "Bloomberg Wealth with David...
Bloomberg
Afsaneh Beschloss on Social Impact Investing
RockCreek Founder & CEO Afsaneh Beschloss discusses her investment strategy and how climate change impacts the bottom line of every company. This episode of "Bloomberg Wealth with David Rubenstein" was recorded on June 15th in New York.
Bloomberg
Afsaneh Beschloss on Her Time at the World Bank
RockCreek Founder & CEO Afsaneh Beschloss outlines her career path from Oxford to the World Bank. This episode of "Bloomberg Wealth with David Rubenstein" was recorded on June 15th in New York.
Bloomberg
Beschloss Warns Rates 'Regime Change' to Roil Investments of Old
RockCreek Founder & CEO Afsaneh Beschloss warns the "regime change" in interest rates has turned the investment strategies of the past decade upside down. This episode of "Bloomberg Wealth with David Rubenstein" was recorded on June...
Bloomberg
JPMorgan Said to Cut 20 Asia Jobs in New Layoff Round
JPMorgan Chase & Co may be making a fresh round of layoffs in Asia. There could be 20 investment banking jobs on the chopping board, according to people familiar with the matter. Adam Haigh reports on Bloomberg Television.
Bloomberg
Credit Suisse Faces 'Massive Downsizing' of Investment Bank
Credit Suisse Group AG may be due for a "massive downsizing" of its investment banking businesses after its takeover by UBS Group AG, Chief Executive Officer Sergio Ermotti said in an opinion piece published over the weekend....
Bloomberg
Creation of a Bank Titan
C.S. Venkatakrishnan, Barclays CEO dives into the potential consequences of UBS's takeover of Credit Suisse. This merger is the biggest in banking since the 2008 financial crisis. He shares that he is leading in debt capital markets and...
Bloomberg
Carmichael Roberts: Pursue What You Know, Avoid What You Don't Know
Breakthrough Energy Ventures' Carmichael Roberts says it's best to stick to what you know when investing. This episode of "Bloomberg Wealth with David Rubenstein" was recorded on May 23rd in Boston.
Bloomberg
Barclays CEO: We're Not Losing That Many Bankers
Barclays Plc Chief Executive Officer C.S. Venkatakrishnan says the firm is losing some investment bankers, but the turnover rate is only slightly higher than usual. He says there's always "musical chairs" at this time of year after...
Bloomberg
Goldman Flags 25% Drop in Trading Revenue
Goldman Sachs Group Inc. plans more job cuts as the bank sees an "extraordinarily challenging" economic backdrop. Goldman President John Waldron said the bank's trading business is trending down more than 25% this quarter compared...
Bloomberg
Ken Moelis on Inflation, Tech Hirings, M&A
Ken Moelis, chairman and chief executive officer of Moelis & Co., discusses the path of US inflation, hiring former Silicon Valley Bank managing directors following its collapse, and outlook for mergers and acquisitions. He speaks...
Bloomberg
Mizuho Has Been Underweight M&A in Americas: Rizzieri
Mizuho Financial Group Inc. is forging further into US investment banking through a deal to buy Greenhill & Co. as it seeks to accelerate growth. Jerry Rizzieri, Mizuho Securities USA President and CEO, speaks to Bloomberg about the deal.
Bloomberg
James Gorman Talks Succession at Morgan Stanley
Morgan Stanley Chairman and CEO James Gorman says he'll step down and become executive chairman in the next 12 months. He made the announcement Friday. This is a look back at Gorman appearing on Bloomberg Television talking about...
Bloomberg
BofA Survey Says Most Managers Expect Weak Economy
Bank of America's latest survey finds that 65% of fund managers expect a weaker economy and almost two thirds of investors see a soft landing as the most likely scenario for global economic growth. Tony Dwyer of Canccord Genuity...
Bloomberg
UBS Chair Kelleher: Too Early to Tell on Job Cuts
UBS Group AG Chairman Colm Kelleher says it's too early to tell if there will be job cuts after taking over Credit Suisse. He answers a question from Bloomberg's Francine Lacqua at a news conference in Bern,...
Bloomberg
Jefferies Profit Falls After Slump in Investment Banking
Jefferies's profit plunged in its fiscal first quarter, as a bump in equities and fixed income trading failed to offset a slump in investment banking. Stefania Bianchi reports on Bloomberg Television.
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