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
Is Bitcoin Back?
Is Bitcoin Back? That was Tuesday's question of the day posed to Mark Connors, 3IQ Corp Head of Research, by Alix Steel and Guy Johnson on "Bloomberg Markets: Americas."
Bloomberg
Morgan Stanley Sees Liquidity-Related Tension in Banking
Vishy Tirupattur, chief fixed income strategist at Morgan Stanley, says, "we will not be so confident that the challenges from March in the banking sector are behind us," as he sees lingering tension related to liquidity. He speaks on...
Bloomberg
BofA's Harris Sees Signs of Recession in US Retail Data
Bank of America Securities Head of Global Economics Ethan Harris says the decline in retail sales points to a "fundamental weakening " in the US economy on "Bloomberg Surveillance."
Bloomberg
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
BofA's Moynihan Says the Banking System Is in Good Shape
"Crisis is too strong of a word," Bank of America Chair and CEO Brian Moynihan says while discussing the takeaways from the recent bank issues with David Westin at the Bloomberg Sell-Side Leaders Forum.
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Bloomberg
The Fed's Focus
Rick Rieder, BlackRock Global CIO for Fixed Income and Head of Global Allocation tells us whether he thinks the Fed is too focused on inflation and how the Fed has impacted the markets.
Bloomberg
Banking Crisis Goes Beyond First Republic: Michele
Bob Michele, J.P. Morgan Asset Management CIO and global head of fixed income, says we do have a banking crisis and it never should have happened. He's on "Bloomberg The Open."
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Bloomberg
HKMA Chief Yue: Banking System Is 'Extremely Resilient'
Hong Kong Monetary Authority Chief Executive Eddie Yue discusses the health of the city's banking system and his views on deposit insurance. He speaks at the Bloomberg Wealth Asia Summit with David Ingles. (Excerpt)
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Bloomberg
PacWest Shares Surge After Slashing Dividend
Regional bank shares are bouncing back Monday morning. PacWest Bancorp surging as much as 30% after slashing its quarterly dividend to one cent. Bloomberg's Sonali Basak reports.
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Bloomberg
First Look With Surveillance: Yellen Warns, Buffett Blames
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
Slok: Inflation Isn't Moving Down to 2%
Torsten Slok of Apollo Management reacts to the Federal Reserve raising rates by another 25 basis points. He's on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Franklin Templeton CEO on Rate Hikes, Private Credit
Franklin Templeton President and CEO Jenny Johnson, says the banking system has a hard time handling the pace of rate hikes by the Fed, and expects that once the rates normalize in a pause it will be a while before the Fed cut rates. ...
Bloomberg
Lockhart: Powell Took Longer-Term Hawkish Position Today
"In longer term, it's a hawkish position Powell took today." Former Federal Reserve Bank of Atlanta President Dennis Lockhart discusses the US banking sector and the Federal Reserve's decision to raise interest rates by a quarter...
Bloomberg
"They Have to Raise the Debt Ceiling": Holtz-Eakin
Douglas Holtz-Eakin, American Action Forum President, gives his remarks on the upcoming debt ceiling meeting between the President, and leaders of the Senate and the House. He also discusses Pacific Western Bank weighing strategic...
Bloomberg
Summers on Banking Crisis, Fed Decision, Debt Ceiling
Former Treasury Secretary Lawrence Summers says we're probably over the vast majority of the banking traumas, but some issues do remain. He also talks about the impasse in Washington over raising the federal debt limit and what he...
Bloomberg
Sen. Bill Hagerty on JPMorgan Acquiring First Republic
Republican Senator Bill Hagerty of Tennessee gives his remarks on JPMorgan acquiring First Republic Bank and how the regulators handled First Republic compared to the regulatory supervision of Silicon Valley Bank. He also talks about...
Bloomberg
Stocks Could Drop 15% With No Debt Deal, Malik Says
Nuveen CIO Saira Malik says debt ceiling issues are not priced into the market and equities could drop 10-15% if there is no deal. She speaks to Romaine Bostick at the Milken Institute Global Conference in Beverly Hills,...
Bloomberg
BNY Mellon CEO Says This Chapter of Bank Turmoil Is Resolved
Bank of New York Mellon Corp. Chief Executive Officer Robin Vince discusses the state of the US banking industry, his firm's strategy, and the outlook for the economy. He speaks on the sidelines of the Milken Institute Global Conference...
Bloomberg
Apollo's CEO on Real Estate, Banks, Markets
Apollo Global Management CEO & Co-Founder Marc Rowan says the recent US regional banking crisis will cause a "second wave" of losses in the commercial real estate market. He also discusses the banking sector and believes big banks are...
Bloomberg
Goldman Sachs' Salisbury on EM, Recession, Banks, Private Credit
Goldman Sachs Asset & Wealth Management CIO Julian Salisbury, sees strong European market performance and believes the US will avoid a recession. He speaks with Sonali Basak from the sidelines of the Milken Institute Global Conference in...
Bloomberg
Apollo CEO Rowan Sees 'Second Wave' of Commercial Real Estate Losses
Apollo Global Management Inc. CEO Marc Rowan says the recent US regional banking crisis will cause a "second wave" of losses in the commercial real estate market. "It won't be systemic, in my view, but it will be concentrated," he says...
Bloomberg
First Republic Regulators Rush to Fix Crisis
US regulators are rushing to resolve the First Republic Bank crisis after the deadline passed for submitting final bids to take over the struggling lender. Adam Haigh reports on Bloomberg Television.