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
BofA Tops Second-Quarter Trading Revenue Expectations
Bank of America Corp. reported second-quarter results that saw trading revenue ex. DVA that beat analyst estimates at $4.39 billion as well as FICC trading revenue ex. DVA at $2.76 billion. Sonali Basak examines the numbers on "Bloomberg...
Bloomberg
What Can Slow If China Slows?
What can grow if China slows? That was Monday's question of the day posed by Kailey Leinz and Guy Johnson to Kristen Macleod, Barclays co-head of global FX distribution and head of Americas macro distribution, on "Bloomberg Markets:...
Bloomberg
Strategists See Turning Point for US Dollar
The dollar's worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world's primary reserve currency. David Finnerty reports on Bloomberg Television.
Bloomberg
El-Erian Says Fed Should Be 'One and Done' on Rate Hikes
"If you want to get to a 2% inflation target quickly you will make a policy mistake," Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, warns on "Bloomberg The Open." El-Erian's opinions are his...
Bloomberg
Dollar Lowest Since April 2022
The dollar is weakening as US interest rates near a peak and the Federal Reserve's aggressive tightening begins to take a toll on the world's largest economy. David Finnerty reports on Bloomberg Television.
Bloomberg
PineBridge: No Fed Rate Cuts For Foreseeable Future
PineBridge Investments Portfolio Manager and Co-Head of Asia ex-Japan Fixed Income Omar Slim expects no Fed rate cuts for the foreseeable future. He speaks with Haslinda Amin and David Ingles on "Bloomberg Markets: Asia".
Bloomberg
Westpac's Evans on RBA's Incoming Governor
Australia's Treasurer has announced that Michele Bullock will be the new Reserve Bank of Australia Governor when incumbent Philip Lowe's term expires in September. Bill Evans, Westpac's chief economist, discusses what the appointment may...
Bloomberg
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
Singapore has expanded the corruption probe involving the transport minister S. Iswaran to include the property tycoon Ong Beng Seng. Haslinda Amin reports on Bloomberg Television.
Bloomberg
Standard Bank South Africa Wary of Crypto
Lungisa Fuzile, CEO of Standard Bank South Africa, says the bank does not want to be first to dabble in crypto on the continent. He spoke to Jennifer Zabasajja at the US-Africa Business Summit in Gaborone, Botswana on 13 July.
Bloomberg
'Disinflation Is Here,' Says Ed Yardeni
Edward Yardeni, president at Yardeni Research, says there are too many bulls and not enough pessimists in markets and explains why he's raised his S&P 500 target to 4,600 on "Bloomberg Surveillance."
Bloomberg
China's $77 Billion Bank Rout Shows Who Pays Price for Rescues
Chinese banks are facing renewed scrutiny after authorities asked the sector to extend debt relief to developers as the nation's housing crisis continues. Meanwhile, BlackRock Inc. says it remains most overweight Chinese stocks in...
Bloomberg
Goldman Sachs Downplays Expectations Ahead of Results
Goldman Sachs Group Inc. is looking to avoid a third straight quarter of disappointing investors on earnings day as executives have been actively downplaying expectations for results that will be disclosed next week. Sri Natarajan...
Bloomberg
Yen Strengthens Through 140 Per Dollar
Yen bulls that have reaped nothing but disappointment in 2023 are finally eyeing gains as the currency climbs to its strongest in months. Mark Cranfield reports on Bloomberg Television.
Bloomberg
Markets in 3 Minutes: US CPI Drop Expected, Nasdaq Rebalancing Eyed
Eddie van der Walt, Stephen Carroll and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
UK Latest: BOE's Bailey on Rising Mortgage Costs
Bank of England Governor Andrew Bailey says rising mortgage costs are "part of the transmission of monetary policy," as the BOE warns that some 4 million households will face a sharp increase in mortgage costs. Bailey speaks during a BOE...
Bloomberg
Fed's Barr: Big Banks Face Higher Capital Requirements
"These changes would increase capital requirements overall, but I want to emphasize that they would principally raise capital requirements for the largest, most complex banks," the Federal Reserve's top banking regulator, Michael Barr,...
Bloomberg
Quantexa Pours $250 Million Into AI Research
Global AI tech company Quantexa announced roughly $250 million in global investment in AI research and development by 2027, and the preview of a new generative AI assistant. Quantexa CEO Vishal Marria joins Caroline Hyde and Ed Ludlow on...
Bloomberg
China Likely to Deliver Further Stimulus, GAMA Says
Rajeev De Mello, global macro portfolio manager at GAMA Asset Management, discusses policies of central banks including the Federal Reserve, the implications for financial markets, and his views on China. He speaks with Kathleen Hays and...
Bloomberg
UBS WM's Tan on FX Markets Outlook
Teck Leng Tan, executive director and APAC FX and macro strategist at UBS Wealth Management, discusses his outlook for the currency markets. He speaks with Bloomberg's Rishaad Salamat and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
BNP Paribas Chairman Exclusive on Riots, Inflation & Banking
The Chairman of France's biggest bank BNP Paribas said riots won't have an impact on France's competitiveness and attractiveness as a financial center. He also says the fight against inflation will indeed create a slowdown, and BNP is...
Bloomberg
StanChart's Robertsen on Inflation, Equities & EM FX
Eric Robertsen, Managing Director - Global Head of Research & Chief Strategist at Standard Chartered Bank discusses his global markets outlook. He speaks with Manus Cranny on the "Daybreak Middle East and Africa" show.
Bloomberg
Sharp Yen Appreciation Unlikely Until BOJ Policy Change: Westpac
Sean Callow, senior currency strategist at Westpac Banking Corp., discusses the outlook for the Japanese yen and the Chinese yuan. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
UK Latest: Annual House Prices Decline Most Since 2009
The decline in UK house prices accelerated in June, according to Nationwide Building Society, likely fueling concerns about the impact of soaring mortgage rates on borrowers during a cost-of-living crunch. Lizzy Burden reports on...