Bloomberg
New Zealand House Prices Fall by Record as Interest Rates Soar
The interest rate increases by the central bank are affecting New Zealand's housing market. House prices posted a record fall in the year through March. Tracy Withers reports on Bloomberg Television.
Bloomberg
China's Megabanks Plan Funding Spree
China's top megabanks are planning at least $5.8 billion in bond sales, kicking off a major funding push to comply with global capital requirements by early 2025. Charlie Zhu reports on Bloomberg Television.
Bloomberg
BOK's Rhee on Bank Turmoil, Markets, Oil Prices
Bank of Korea Governor Rhee Chang-yong says the recent banking turmoil in the United States and Europe has not directly affected Korea. He also talks about oil prices and inflation in an interview with Bloomberg's Shery Ahn at the...
Bloomberg
UK GDP Unchanged as Winter Strikes Slow Growth
The UK economy unexpectedly stalled in February as gross domestic product was unchanged from January instead of eking out the 0.1% growth analysts had expected. Bloomberg Economics' Jamie Rush breaks down the data on Bloomberg...
Bloomberg
Raising the Deposit Insurance Limit Is a Mistake: Klein
Brookings Senior Fellow Aaron Klein joins Ed Ludlow and Caroline Hyde to discuss SVB's collapse and its impact on banking and economic growth, and why he believes the rising pressure for unlimited deposit insurance in Congress would hurt...
Bloomberg
Brainard Says US Banking System Is Sound, Stable
"We've seen deposit outflows stabilize. All of the indicators that one would look at have really improved over the last few weeks," Lael Brainard, the new head of the National Economic Council, says at Semafor's World Economy Summit....
Bloomberg
Federal Reserve's Kashkari Sees Signs of Calm Restored to Banking Sector
Federal Reserve Bank of Minneapolis President Neel Kashkari talks about the collapse of Silicon Valley Bank and the state of the US banking industry. He speaks at a town hall event at Montana State University in Bozeman. (Excerpt)...
Bloomberg
First Look With Surveillance: China GDP, Apple Mumbai
Anna Edwards and Matt Miller take you through what to watch today.
Bloomberg
UK Wage Growth Jump Puts Rate Hike Pressure on BOE
UK wage growth unexpectedly accelerated with average earnings excluding bonuses climbing 6.6% in the three months through February compared with a year ago. Lizzy Burden breaks down the numbers on Bloomberg Television.
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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
Key Takeaways From Bank of America, Goldman Sachs Earnings
A big day for bank earnings. Bloomberg's Sonali Basak reports on results from Goldman Sachs and Bank of America.
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UK Acted 'Decisively' on SVB Failure: UK City Minister
The UK government's intervention in SVB UK was 'decisive' and delivered a 'really good outcome' according to UK City Minister Andrew Griffith. He speaks to Bloomberg's Lizzy Burden.
Bloomberg
Pound Comes Roaring Back as UK Economic Gloom Wanes
The British pound has roared back this year, delivering the best performance of any major developed currency and briefly hit a 10-month high of $1.2546 against the dollar on Friday. Bloomberg MLIV's Eddie van der Walt explain on...
Bloomberg
UBP's Casanova on China's Economy
UBP Senior Asia Economist Carlos Casanova discusses China's March economic data and his outlook for 2Q. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
Seeing the Signs of Spring for Bitcoin: Ballet CEO
"We're seeing signs of a Spring for Bitcoin," says Bobby Lee, founder and chief executive officer at crypto wallet firm Ballet. He discusses his outlook for Bitcoin above $30,000, the draw of crypto currencies and regulation in the...
Bloomberg
Australian Treasurer Chalmers on Releasing RBA Review
Australian Treasurer Jim Chalmers said he plans to release an independent review of the central bank before the national budget in less than a month.
"I'll be looking to release it really soon, hopefully in the next week or two," he...
Bloomberg
Summers on the Current State of the Economy
Former US Treasury Secretary Lawrence H. Summers explains why the US economy is still hard to read and why the Fed has difficult choices ahead.
Bloomberg
Summers: Still Looking at a 'Hard to Read Economy'
Former US Treasury Secretary Lawrence Summers comments on the current state of the US economy during an interview with David Westin on "Wall Street Week Daily."
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Odeon's Bove Previews US Bank Earnings
With major US banks set to report earnings starting Friday, Odeon Capital Group Financial Strategist Richard Bove says looking at the first quarter's results is like assessing banks from a rear-view mirror. He discusses with Haidi...
Bloomberg
Lisa's Market Movers: Top Moving Stocks This Morning 4/20
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: Fifth Third Bank, Zions Bancorp, First Republic Bank and Truist Financial.
Bloomberg
HSBC-Ping An Clash Heats Up
The clash between HSBC Holdings Plc and its biggest shareholder Ping An Insurance Group Co. is becoming increasingly heated ahead of a general meeting that will test investor support for a proposal to spin off the bank's lucrative Asia...
Bloomberg
BlackRock's Hildebrand Says Execution Key to Credit Suisse, UBS Tie Up
BlackRock Inc. Vice Chairman Philipp Hildebrand says the success of Credit Suisse's acquisition of UBS will be "all about execution" at the Bloomberg New Economy Gateway Europe event near Dublin. "It's early days, there are various...
Bloomberg
Christopher Whalen on US Bank Earnings
Whalen Global Advisors Chairman Christopher Whalen discusses why first quarter bank earnings might be the best results of 2023. He speaks with Haidi Stroud-Watts and Shery Ahn on "Daybreak Australia."
Bloomberg
UK Latest: Inflation Data Adds Pressure on Bank of England
The UK's consumer price index remained above the 10% mark in March. The higher-than-expected figure strengthens the case of more interest-rate increases by the Bank of England. Lizzy Burden reports on Bloomberg Television.
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