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Bloomberg
Goldman Sachs Loses Three Senior Tech Bankers
Three Goldman Sachs investment bankers, Rob Chisholm, Nick Pomponi and Colin Ryan, are exiting the Wall Street firm amid a slump in dealmaking, according to people with knowledge of the matter. Stefania Bianchi reports on Bloomberg...
Bloomberg
Janus Henderson CEO: Cash Is a Real Competitor
Ali Dibadj, Janus Henderson CEO, talks about the impact of the global banking crisis on asset managers, monetary policy and creating jobs. He's on "Bloomberg Markets: The Close."
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Follow Bloomberg for business news &...
Bloomberg
Bank of America Tops Q1 Trading Revenue Estimates
Bank of America Corp. reported first-quarter results that beat estimates on net income and trading revenue. Sonali Basak breaks down the numbers on "Bloomberg Surveillance."
Bloomberg
JPMorgan Won the First-Quarter Over Rivals, Says RBC's Cassidy
RBC Capital Markets Managing Director Gerard Cassidy says JPMorgan Chase & Co.'s estimates-topping first-quarter revenue had them "winning the quarter" over its big-bank rivals. "I would put JPMorgan at the top of the list," he...
Bloomberg
Morgan Stanley Wealth Management Revenue Tops Estimates
Morgan Stanley reported wealth management net revenue for the first-quarter that exceeded average estimates, while FICC sales and equity trading revenue also came in above expectations. Bloomberg's Sonali Basak has the numbers on...
Bloomberg
First Look With Surveillance: Euro Inflation, US Debt
Anna Edwards and Matt Miller take you through what to watch today.
Bloomberg
Citi's Fraser on First Republic, Jobs, Real Estate
Citigroup Inc. Chief Executive Officer Jane Fraser talks about the purchase of First Republic Bank by JPMorgan, the odds of a US recession, hiring at her firm, and commercial real estate in New York City. She speaks to Bloomberg's...
Bloomberg
BlackRock's Conway: Private Equity Exits Are Hard
Edwin Conway, BlackRock global head of alternatives, talks about investing in private credit. He speaks to Bloomberg's Romaine Bostick at the Milken Institute Global Conference.
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Bloomberg
Algebris Investments and Stanhope Capital CEOs on Market Sentiments in 2023
Davide Serra, Founder & CEO, Algebris Investments and Daniel Pinto, Founder & CEO, Stanhope Capital speak with Bloomberg's Francine Lacqua at the Bloomberg Invest Summit in London.
Bloomberg
Stanhope CEO Sees 'Substantial Consequences' of Bank Crisis
Stanhope Capital Chief Executive Officer Daniel Pinto says of the banking crisis, "I agree we are not on the verge of a massive run on the banks but there will be very, very substantial consequences." He speaks with Francine Lacqua...
Bloomberg
JPMorgan Tops 4Q Investment Banking Revenue Estimates
JPMorgan Chase & Co. reported fourth-quarter results that saw investment banking revenue rise to $3.21 billion while FICC trading revenue missed estimates. The "Bloomberg Surveillance" team breaks down the results.
Bloomberg
BofA's Moynihan on Inflation, Supply Chain, Employment
Bank of America Chairman and CEO Brian Moynihan comments on the state of inflation and recent supply-chain issues, says the U.S. is at full employment and adds that consumer spending and small-business loans are on the rise. He also says...
Bloomberg
Price Volatility Inhibiting M&A, Citi's Kochman Says
Cary Kochman, Citi's global co-head of M&A, discusses the global M&A landscape on "Bloomberg Markets: European Close." Kochman says he sees M&A activity continuing at pace and expects more corporate separations and breakups.
Bloomberg
Deutsche Bank Cuts Investment Bank Bonuses by About 30%
Jan.17 -- Deutsche Bank AG is cutting the bonus pool at its investment bank by about 30%, deepening pay reductions after a tumultuous year that saw the lender embark on a huge restructuring. Bloomberg's Michael Moore has the details on...
Bloomberg
UBS Awaits Approval to Raise China Brokerage Unit Stake
Eugene Qian, chairman of UBS Securities, the first foreign-invested fully-licensed securities firm in China, discusses the bank's strategy for the market. In 2018, UBS Group AG increased its shareholding in UBS Securities to 51%,...
Bloomberg
Bank of Montreal Starts Bringing Workers Back
Bay Street employees have begun heading back to the office. BNN Bloomberg's David George-Cosh reports from Toronto where the Bank of Montreal started letting workers back in.
Bloomberg
Deutsche Bank CFO on Restructure, FICC, DWS, Low Interest Rates
Jul.24 -- Deutsche Bank AG Chief Financial Officer James von Moltke discusses job cuts, the performance of the lender's investment banking unit and the challenge of operating in a low interest-rate environment. He speaks with Bloomberg's...
Bloomberg
Gorman Says Fed Raising Interest Rates Is 'Healthy'
Jan.24 -- Morgan Stanley Chief Executive Officer James Gorman discusses the outlook for the company, global monetary policy and economic growth. He joins Bloomberg News Editor-in-Chief John Micklethwait on "Bloomberg Daybreak: Americas"...
Bloomberg
Former CLSA Analyst Mayo Was Shocked on Being Fired
Mar.02 -- Former CLSA Bank Analyst Mike Mayo discusses his shock at being fired and his plans for the future. He also talks about his outlook for the banking sector. He speaks on "Bloomberg Daybreak: Asia."
Bloomberg
Has Systemic Risk Become a Reality in Shadow Banking?
Nov.04 -- Christian Meissner, former global head of investment banking at Bank of America, is concerned about systemic risk taking hold in the shadow banking system. Bloomberg’s Sonali Basak reports on "Bloomberg Daybreak: Americas."
Bloomberg
Credit Suisse Investment Bank Chief Amine Steps Down
Nov.11 -- Credit Suisse Group AG’s head of investment banking Jim Amine stepped down from the role, but will remain with the bank as head of private credit opportunities in New York. Bloomberg’s Sonali Basak reports on "Bloomberg...
Bloomberg
SocGen CEO Oudea on Cost Cuts, 2019 Outlook, Disposals
Feb.07 -- Societe Generale SA Chief Executive Officer Frederic Oudea discusses the bank's cost cuts, the operating climate for 2019, the possible impact of a hard Brexit and why he see no chance of cross-border banking mergers in Europe....
Bloomberg
Credit Suisse Group Appoints Axel P. Lehmann as New Chairman
Credit Suisse Group AG has appointment board member Axel P. Lehmann as its new chairman, effective immediately. He succeeds Antonio Horta-Osorio, who resigned after an investigation. Jesse Westbrook reports on "Bloomberg Daybreak: Asia."
Bloomberg
Breaking Barriers in Finance
Yie-Hsin Hung, CEO, New York Life Investment Management LLC speaks on efforts to increase the representation of women and underrepresented groups in the financial sector with Bloomberg's Scarlet Fu at the Bloomberg Equality Summit.