Bloomberg
UK Wages Grow Faster Than Expected, Pressuring BOE
UK wages rose more than expected in the three months through May as average weekly earnings excluding bonuses held steady at 7.3%. Lizzy Burden reports on Bloomberg Television.
Bloomberg
BOJ Announces Second Unscheduled Bond Buying in a Week
The Bank of Japan intervened in the market for the second time since their tweak to yield curve control last week, looking to slow gains in benchmark sovereign bond yields. Valerie Tytel reports on Bloomberg Television.
Bloomberg
BOE Hikes Key Rate by 25 Basis Points to 5.25%
The Bank of England raised its benchmark interest rate to 5.25%, the highest level in 15 years, in a three-way vote split on Thursday. Lizzy Burden reports on Bloomberg Television.
Bloomberg
AVM Capital: China May Allow CNY To Depreciate
AVM Capital Founder & CIO Ashvin Murthy believes China will allow its currency to depreciate versus its trading basket. He speaks with Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
Bullock Takes Helm at Reserve Bank of Australia as First Female Governor
Michele Bullock has taken over as Australia's first female central bank governor on Monday as the Reserve Bank embarks on its big overhaul in decades. Swati Pandey reports on Bloomberg Television.
Bloomberg
Blockchain Firm Figure Withdraws Application for Bank Charter
Blockchain firm Figure is the latest fintech company to withdraw its application for a bank charter, a move made after years of waiting answers from US financial regulators. Figure co-founder and former CEO of SoFi Mike Cagney joins...
Bloomberg
First Look With Surveillance: China Stabilizing, UAW Strike
Dani Burger and Sonali Basak take you through what to watch today.
Bloomberg
ECB a 'Chip Shot' Away From Monetary Neutrality: Ryding
"I don't think we're going back to the very low interest rates that we had pre-pandemic," Brean Capital Chief Economic Adviser John Ryding says during an interview on "Bloomberg Surveillance."
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Bloomberg
Goldman Fires Transactional Banking Chief Over Lapses
Goldman Sachs Group Inc. fired several transaction banking executives over compliance lapses including the head of the business, Hari Moorthy. Sonali Basak reports on Bloomberg Television.
Bloomberg
Fed Mantra May Be 'Restrictive for Longer': Pimco's Clarida
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed will be inclined to deliver a "hawkish pause" for their next interest rate decision. He speaks...
Bloomberg
Apollo's Zito Says Relationships With Banks Are Strong
John Zito, Apollo Management partner, deputy CIO of credit, says the credit environment is exciting. He also says the firm is open to partnering with banks in private credit. He speaks to Bloomberg's Sonali Basak.
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Bloomberg
Citigroup Plans Job Cuts as Bank Is Restructured
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...
Bloomberg
RBC Brewin Dolphin's Mui on US Inflation, China
Janet Mui, head of market analysis at RBC Brewin Dolphin, discusses her market outlook. She speaks with Bloomberg's Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East and Africa."
Bloomberg
Hayman's Kyle Bass Sees US Banks Losing up to $250B on Office Holdings
"I think the banks in the US will lose $200 billion, $250 billion" in the office sector of the commercial real estate market, Hayman Capital Management founder and CIO Kyle Bass says on "Bloomberg Markets. "
Bloomberg
Arm IPO: Chip Designer May Lift Price Range Ahead of Listing
Arm Holdings Ltd. is considering raising the price range of its initial public offering after meeting investors for what would be the world's largest listing this year, according to people familiar with the matter. Alex Webb has more on...
Bloomberg
BOJ Surprised Markets, Slowed Yen Depreciation: Briscoe
"Ueda surprised the market, that's what the BOJ likes to do, and slowed down the depreciation of the yen." Hayden Briscoe, APAC head of multi-asset portfolio management at UBS Asset Management, discusses Bank of Japan policy, where the...
Bloomberg
Goldman to Start Annual Layoffs in October
Goldman Sachs Group Inc. is planning its annual cut of underperforming workers beginning later next month, a person familiar with the matter said. Reductions this year will be at the lower end of the bank's usual range of 1% to 5% of its...
Bloomberg
UK Housing Market Feels Strain of BOE Tightening
Bloomberg Markets Live's Nour Al Ali discusses the UK housing market and the outlook for Bank of England policy after Governor Andrew Bailey's comments that interest rates may be "near the top" of the cycle.
Bloomberg
Markets in 3 Minutes: USD/JPY Will Turn Lower in September
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Citizens CEO on US Economy, SEC Proposals, Bank Mergers
Citizens Financial Group CEO Bruce Van Saun says US consumers are in good shape and the Federal Reserve has probably done enough. Speaking with Alix Steel and Guy Johnson on "Bloomberg Markets," Van Saun also comments on the recent bank...
Bloomberg
OPEC+ Key Members Extend Output Curbs
Oil held near the highest since November after OPEC+ leaders Saudi Arabia and Russia announced that they would extend supply curbs through the end of the year, tightening the global market. Ben Sharples reports on Bloomberg Television.
Bloomberg
Japan Ahead: Credit Agricole Chief Japan Economist
Takuji Aida, Chief Japan Economist at Credit Agricole, discusses how the weaker yen has helped Japan's economy and acted as "reverse Plaza Accord". He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
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....