Bloomberg
Evercore's Schlosstein Expects Fed to Pause Rate Hikes
Evercore Chairman Emeritus Ralph Schlosstein predicts the Federal Reserve won't raise its benchmark interest rate at the next policy-setting meeting in June. "I think the next move is a pause," he says on "Bloomberg Markets."
Bloomberg
Bostic Says Fed Liquidity May Need to Be More Nimble
Federal Reserve Bank of Atlanta President Raphael Bostic says there are operational challenges when it comes to a 24/7 discount window at an event hosted by the Federal Reserve Bank of Richmond.
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Bloomberg
Don't Confuse Fed Pause With End of Tightening Cycle: Wang
"Don't confuse a pause with the end of the tightening cycle, because Fed has more work to do." Qian Wang, chief Asia Pacific economist at Vanguard Group, discusses the impact of Federal Reserve policy on Asian central banks. She speaks...
Bloomberg
BofA's Blanch Says Oil Heading Toward $90 a Barrel in Second Half
Francisco Blanch, head of commodities research at Bank of America, says oil prices are set to rise due to a looming supply deficit. "We'll get back up over $80 in the second half of the tear, toward $90," Blanch said Friday on "Bloomberg...
Bloomberg
KBW CEO Says More Bank Laws Aren't Needed in Wake of SVB
KBW President and CEO Tom Michaud discusses the industry implications of the recent bank crisis with Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
Zentner: We Don't Have a Credit Crunch
Morgan Stanley Chief US Economist Ellen Zentner talks about Federal Reserve monetary policy, the banking crisis and the resilience of the US economy. She speaks on "Bloomberg Surveillance."
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Bloomberg
CDS Panel: Credit Suisse AT1 Wipeout Won't Prompt Payout
The Credit Derivatives Determinations Committee, a panel tasked with overseeing the credit default swaps market, has ruled that the write down of Credit Suisse Group AG's Additional Tier 1 notes will not trigger an insurance payout. Adam...
Bloomberg
UK Wage Growth Accelerates as Labor Market Cools
The number of payrolled employees in the UK labor market fell in April for the first time since February 2021 while accelerating wage growth remained above the Bank of England's comfort zone. Lizzy Burden has the details on Bloomberg...
Teen Kids News
Securing Yourself from Identity Theft
You may be the victim of a crime and not even know it. Kayla Joyce from FTI Consulting gives us some protection tips in Katarina’s report on identity theft.
Teen Kids News
Improve Financial Literacy with Zogo
COVID upset our lives in so many ways. Yet, as Ava tells us, something good may actually come out of the pandemic... an effort to improve financial literacy.
Bloomberg
Rep. Bill Huizenga on Debt Ceiling Progress
Representative Bill Huizenga (R) Michigan discusses what he is hearing in regards to the debt ceiling progress and talks about the upcoming hearings for Silicon Valley Bank and Signature Bank. Representative Bill Huizenga speaks with...
Bloomberg
UniCredit CEO Urges Consistency in Bank Regulation
Recent bank failures highlight that regulation must be effectively applied and that confidence is a key element for lenders, UniCredit SpA Chief Executive Officer Andrea Orcel said at the Bloomberg New Economy Gateway Europe.
Bloomberg
Tough Times for Tupperware
This week we take a look at the downfall of Tupperware and look at the difficulties of change.
Bloomberg
L&T Finance: RBI May Hike Rates By 25bps Next Month
L&T Finance Chief Economist Rupa Rege Nitsure believes the Reserve Bank of India may hike rates by 25bps when it meets on Apr. 6. She speaks with Haslinda Amin and Yvonne Man on "Bloomberg Markets: Asia".
Bloomberg
Warren Buffett in Contact With Biden Team on Banking Crisis
Billionaire investor Warren Buffett has been having multiple talks with senior officials in President Joe Biden's administration in recent days as the regional banking crisis unfolds, according to people familiar with the matter....
Bloomberg
Bloomberg TV Guests React on UBS-Credit Suisse Deal
UBS agreed to buy Credit Suisse for 3 billion francs in a government-brokered deal aimed at restoring calm to financial markets. Some market guests on Bloomberg TV weigh in on the latest development and the implications.
Bloomberg
S&P Lowers First Republic Bank for Second Time in a Week
First Republic Bank was downgraded again on Sunday by S&P Global Inc., to B+ from BB+, just days after the ratings firm cut the lender to junk. Kailey Leinz reports on a special edition of "Bloomberg Surveillance."
Bloomberg
Asian Banks in General Look Interesting: Credit Suisse
Dan Fineman, co-head of Asia Pacific strategy at Credit Suisse, discusses the outlook for the US economy, Federal Reserve policy and the implications for financial markets. He also talks about the opportunities he sees in emerging and...
Bloomberg
M&G Is Moderately Constructive on Banks
Pierre Chartres, fixed income investment director at M&G Investments, discusses the fallout from Credit Suisse, Federal Reserve policy and confidence in the banking sector. He speaks on Bloomberg Television.
Bloomberg
First Republic Bank Could Be Saved With $30 Billion in Deposits
The nation's biggest banks are close to agreeing upon a plan to deposit about $30 billion with First Republic Bank to stabilize the California lender. JPMorgan, Citigroup and Bank of America are among the banks in the discussions. Herman...
Bloomberg
Pagliuca Says SVB's Collapse Will Hurt Deal Making
Steve Pagliuca, Bain Capital Private Equity senior advisor, says the collapse of Silicon Valley Bank will slow down deal making. He speaks on Bloomberg Television.
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Bloomberg
First Republic Bank Gets $30 Billion of Bank Deposits in Rescue
The biggest banks in the US agreed to deposit $30 billion with First Republic Bank in an effort supported by the US government to stabilize the battered California lender. Sally Bakewell reports on Bloomberg Television.
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Bloomberg
Bair: FDIC Bailouts Can't be on a One-Off Basis
Sheila Bair, Center for Financial Stability Senior Fellow and former FDIC Chair, talks about the rescue of failing banks in the US. She speaks on "Bloomberg Markets: The Close."
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Bloomberg
Credit Suisse Looks for Stability as Bonds Sink
Credit Suisse Group AG's woes deepened on Thursday, with the cost to insure the bank's debt against default rising as its bonds fell deeper into distress. Bloomberg's Oliver Crook is in Zurich with the latest.
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