News Clip7:07
Bloomberg

Bank of America CEO Wants to Hire More Relationship Managers

Higher Ed
Dec.20 -- Bank of America Chief Executive Officer Brian Moynihan talks about private credit and the need to hire more relationship managers. He appears on "Bloomberg Markets: The Close."
News Clip10:43
Bloomberg

Barclays CEO Staley on Trading, Costs, Return to Office

Higher Ed
Apr.30 -- Barclays Plc CEO Jes Staley discusses the lender's trading revenue, the U.K. economy, and plans to return employee to offices. He spoke on Bloomberg Television as a record quarter for Barclays’s investment bankers was...
News Clip5:54
Bloomberg

National Bank of Bahrain CEO on Growth Outlook, Bank Consolidation

Higher Ed
Feb.27 -- Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head of a leading lender. Jean-Christophe Durand, chief executive officer of National Bank of Bahrain BSC,...
News Clip23:34
Bloomberg

Credit Suisse's Thiam on China Strategy, Wealth Management, Trade Tensions

Higher Ed
Aug.31 -- Tidjane Thiam, group chief executive officer at Credit Suisse, discusses his 5-year strategy for China, taking a majority stake in their China joint venture, their wealth management business, his outlook for the company, the...
News Clip7:47
Bloomberg

Making Changes at CIB to Meet ROE Targets, Says ABN Amro CFO

Higher Ed
Aug.08 -- Clifford Abrahams, chief financial officer at ABN Amro, discusses the changes at the investment bank, the bank's footprint, M&A prospects, their dividend policy, his business strategy and the impact of a trade war on his...
News Clip45:55
Bloomberg

'Bloomberg Markets: The Open' Full Show (7/17/2018)

Higher Ed
Jul.17 -- Bloomberg Markets: The Open. Jonathan Ferro hosts an hour long program centered around the Opening Bell on Wall Street. The program showcases the most insightful and interesting Bloomberg charts and graphics, as well as...
News Clip5:11
Bloomberg

Banking Bonus Pool Will Be 'Huge,' Robert Walters Says

Higher Ed
Carol Cheung, director of financial services at recruitment agency Robert Walters, looks at how financial service providers are gearing up for a bumper bonus season to maintain their competitive edge amid times of uncertainties, and...
News Clip3:51
Bloomberg

RBS Looking to Cut Costs, Eliminate Jobs, Close Branches

Higher Ed
Feb.13 -- Royal Bank of Scotland Group is preparing to cut more than $1.25 billion of annual operating costs by eliminating jobs and closing branches, as it seeks to bolster profitability, said a person with knowledge of the plans....
News Clip5:25
Bloomberg

Vortex Energy Sells Stake in U.K. Solar Portfolio

Higher Ed
Sep.17 -- Karim Moussa, head of asset management and private equity at Egyptian Financial Group – Hermes Holding Co., discusses the sale of Vortex Energy’s stake in U.K. solar energy portfolio, how they will use the proceeds and where...
News Clip3:58
Bloomberg

Deutsche Bank CFO Says Equities Trading Is `Significantly' Down

Higher Ed
Jul.24 -- Deutsche Bank AG Chief Financial Officer James von Moltke discusses the bank's restructuring plan and the performance of its trading unit. He speaks to Bloomberg's Matt Miller in Frankfurt as the lender posted a bigger net loss...
News Clip3:18
Bloomberg

Barclays CEO Staley Says Trading Unit Had `Mixed Result'

Higher Ed
Apr.30 -- Barclays Plc CEO Jes Staley says the lender's trading unit had a "mixed result" in the first quarter and that variable compensation led to higher costs. He spoke on Bloomberg Television. (Corrects to clarify that "mixed result"...
News Clip8:14
Bloomberg

UBS CEO: We Have to Be Focused on Continuing Cost Cuts

Higher Ed
Nov.20 -- Sergio Ermotti, chief executive officer at UBS Group, discusses the bank’s agenda for wealth management, cost-cutting measures, the landscape for the investment bank, competition with U.S. banks, the possibility of a recession...
News Clip3:47
Bloomberg

How the Watergate Scandal Impacted Hank Paulson's Career

Higher Ed
Dec.18 -- Hank Paulson, chairman and founder of the Paulson Institute and former U.S. Treasury secretary, talks about watching the Watergate scandal unfold while he worked at the White House. Paulson says he saw very senior people get in...
News Clip1:56
Bloomberg

Private Equity Falls Out of Favor With Young Bankers

Higher Ed
Nov.14 -- A new survey of investment bankers found a reluctance by younger bankers to make the move into private equity. Julian Emanuel, chief equity and derivatives strategist at BTIG, and Bloomberg’s Sonali Basak discuss the survey on...
News Clip1:22
Bloomberg

Barclays CEO Jes Staley Says Shareholders Still Back Him

Higher Ed
Apr.28 -- Jes Staley, chief executive officer at Barclays, discusses the whistleblower investigation and continued support from shareholders. He spoke exclusively on "Bloomberg Daybreak: Europe."
News Clip2:05
Bloomberg

Morgan Stanley CEO Gorman Downplays Coming Fed Rate Hikes

Higher Ed
Morgan Stanley Chairman and CEO James Gorman says the market has already digested that the Federal Reserve has to increase rates. He speaks on "Bloomberg Markets." (Source: Bloomberg)
News Clip1:38
Bloomberg

Goldman to Combine Businesses in Latest Shakeup

Higher Ed
Goldman Sachs Group Inc. plans to combine its expanded asset management and private wealth businesses into one unit as CEO David Solomon embarks on his third major reorganization in just four years. Charlie Wells reports on Bloomberg...
News Clip3:14
Bloomberg

Bank Earnings Wrap 3Q 2018: Margins Boosted, FICC Fell

Higher Ed
Oct.16 -- Morgan Stanley and Goldman Sachs rounded out 2018 third quarter earnings for major U.S. banks. The main takeaways: Fed hikes boosted net interest margins, equities trading revenue was positive while fixed-income revenue mostly...
News Clip1:34
Bloomberg

UBS Begins Job Cuts Across Business

Higher Ed
May.19 -- UBS Group AG is slashing its head count. The Swiss bank is attempting to save $1 billion over the next three years. CEO Ralph Hamers is looking to cut costs during his first year on the job. Bloomberg’s Marion Halftermeyer...
News Clip2:00
Bloomberg

Eric Lane to Leave Goldman Sachs Asset Management

Higher Ed
Mar.01 -- Goldman Sachs Group Inc.’s Eric Lane, who leads the bank’s asset management division, is leaving the bank after 25 years. Bloomberg's Sonali Basak reports on "Bloomberg Markets."
News Clip0:58
Bloomberg

Baby Boomers Ready to Leave Trillions to Next Generation

Higher Ed
Jul.20 -- Baby Boomers will leave trillions of dollars behind to the next generation. But what will happen to all that personal wealth? "Bloomberg Wealth with David Rubenstein" takes a look.
News Clip9:12
Bloomberg

Canaccord Genuity Wealth Business a Remarkable Success: CEO

Higher Ed
Jun.03 -- Canaccord Genuity President and CEO Dan Daviau joins BNN Bloomberg to recap the company's latest quarterly earnings, a record-breaking quarter. He also talks about the significance of dropping their offer to buy RF Capital and...
News Clip6:29
Bloomberg

Morgan Stanley's Harris on California Board Mandate, 'Holidays in Harlem' Event

Higher Ed
Dec.19 -- Carla Harris, Morgan Stanley vice chairman and head of its Multicultural Client Strategy Group, discusses the California female board mandate and the charity concert "Holidays in Harlem" at the Apollo Theater. She speaks with...
News Clip2:52
Bloomberg

Private Equity Stealing Wall Street Loan Business

Higher Ed
Dec.18 -- Direct lenders, including more and more hedge funds and buyout firms, are preparing to dish out billions of dollars at a time to lure borrowers away from the $1.2 trillion leveraged loan market. Bloomberg's Lisa Lee reports on...