News Clip6:17
Bloomberg

How South Korea’s PeopleFund Is Shaking Up P2P Lending

Higher Ed
Nov.05 -- Joey Kim, chief executive officer at PeopleFund, discusses what his company does, the growth drivers for his company, his latest funding round, P2P lending in South Korea, regulation, the possibility of consolidation in the...
News Clip8:53
Bloomberg

'Mega' Bankruptcies Will Break All-Time Record, Says Professor Edward Altman

Higher Ed
Jul.23 -- Edward Altman, Creator of the Z-Score and Professor at NYU Stern School of Business gives his outlook on bankruptcies amid the pandemic. He speaks with Caroline Hyde, Romaine Bostick and Taylor Riggs on "Bloomberg Markets."
News Clip18:53
Bloomberg

ECB's Lagarde on Economic Risks, Inflation Forecast: Statement

Higher Ed
Dec.12 -- European Central Bank President Christine Lagarde gives her opening statement at a press conference in Frankfurt after policy makers held the ECB deposit rate at a record-low minus 0.5%, and bond purchases at 20 billion euros...
News Clip2:11
Bloomberg

JPMorgan Starts to Cut Mortgage Jobs

Higher Ed
JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand. Hannah Levitt reports on "Bloomberg Markets: The Close."
News Clip4:58
Bloomberg

Wheeler: Deutsche Bank's 'Small Victory' on Loans

Higher Ed
Sept. 20 -- Christopher Wheeler, bank analyst at Atlantic Equities, discusses reports that Deutsche Bank is working to offload risk by securitizing billions of dollars of corporate loans. He speaks on "Bloomberg Surveillance."
News Clip4:26
Bloomberg

Dombret: Difficult for European Banks to Make Money

Higher Ed
April 25 -- Bundesbank board member Andreas Dombret tells Bloomberg's Mark Barton that it's difficult for European banks to make money in the current environment.
News Clip5:45
Bloomberg

Hentemann: Lending Market Will Learn to Adapt

Higher Ed
May 11 -- Chris Hentemann, 400 Capital Management managing partner, discusses the state of the lending market with Bloomberg's Erik Schatzker at the SALT Conference in Las Vegas, Nevada on "Bloomberg Markets."
News Clip2:25
Curated Video

With Congress returning from a weeklong spring recess, the Senate plans to vote Tuesday on whether to start debating a Democratic plan to keep college loan interest rates for 7.4 million students from doubling on July 1.

Higher Ed
HEADLINE: Dems, GOP battle over student loan rates CAPTION: With Congress returning from a weeklong spring recess, the Senate plans to vote Tuesday on whether to start debating a Democratic plan to keep college loan interest rates for...
News Clip3:45
Bloomberg

Trump Imposes Tariffs on Solar Imports, Washing Machines

Higher Ed
Jan.22 -- President Trump approved duties of as much as 30 percent on solar equipment made abroad, a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80 percent of its supply. Bloomberg's Lynn...
News Clip4:55
Bloomberg

What Not to Miss in Wells Fargo's Earnings

Higher Ed
April 13 -- Bloomberg Intelligence's Alison Williams and Bloomberg's Asjylyn Loder discuss what we can expect from Wells Fargo when they release earnings for the first quarter. They speak to Bloomberg's Joe Weisenthal, Alix Steel and...
News Clip7:28
Bloomberg

Britain's Largest Online Loan Provider Plans IPO

Higher Ed
Sep.03 -- Funding Circle Ltd. Chief Executive Officer Samir Desai discusses the impact of Brexit on the U.K. lending environment after Britain's largest online loan provider announced plans to proceed with an initial public offering in...
News Clip6:21
Bloomberg

How BB&T Bank Weathered the Financial Crisis

Higher Ed
Sep.12 -- Kelly King, chairman and chief executive officer at BB&T, discusses the bank's performance during the financial crisis and how the bank is preparing for Hurricane Florence. He speaks with Bloomberg's David Westin on "Bloomberg...
News Clip5:43
Bloomberg

Sen. Toomey Wants Businesses to Open Sooner in Pennsylvania

Higher Ed
Apr.28 -- Senator Pat Toomey, a Republican from Pennsylvania, talks about his plan to reopen the state, getting aid to small businesses, and helping oversee economic stabilization efforts by the Federal Reserve. He speaks to Kevin...
News Clip4:37
Bloomberg

Buying Non-Performing Loans in Southeast Asia, Arena Management Says

Higher Ed
Feb.26 -- Dan Zwirn, chief executive and chief investment officer at Arena Management, discusses the opportunities he sees in Asian credit markets. He speaks with Paul Allen and Haslinda Amin on "Bloomberg Markets: Asia."
News Clip3:46
Bloomberg

Bank of America CEO Sounds Alarm on Leveraged Loans

Higher Ed
Jun.04 -- The U.S. economy is on solid footing except for one potential trouble spot -- the leveraged-loan market, Bank of America Corp. Chief Executive Officer Brian Moynihan said. Bloomberg's Lananh Nguyen reports on "Bloomberg...
News Clip3:41
Bloomberg

BlackRock: Leveraged Loan, High-Yield Markets 'Increasingly Converging'

Higher Ed
Sep.04 -- James Turner, head of European leveraged finance at BlackRock, discusses the leveraged loan and high-yield markets. He speaks with Bloomberg's Matt Miller on "Bloomberg Surveillance."
News Clip4:38
Bloomberg

CIBC's Goal Is to Grow Its Wealth Management Business, CEO Says

Higher Ed
Sep.11 -- Victor Dodig, Canadian Imperial Bank of Commerce chief executive officer, discusses the bank's U.S. expansion plans and financial regulation with Bloomberg's Amanda Lang on "Bloomberg Markets."
News Clip1:03
Bloomberg

Barclays CEO Says Troubled Loan Deals `Not a Free Ride'

Higher Ed
Oct.25 -- Barclays Plc Chief Executive Officer Jes Staley discusses risks in the leveraged-loan business. "A couple of idiosyncratic deals have opened people’s eyes that it’s not a free ride right now," Staley said during an interview on...
News Clip1:37
Bloomberg

Angsty Leveraged Loan Buyers May Be Harbinger of More Pain to Come in Credit Markets

Higher Ed
Oct.18 -- Leveraged loan investors are getting increasingly angsty and their fear may be a precursor for more pain to come in the credit markets. Bloomberg's Lisa Abramowicz reports on "Bloomberg Markets: The Close."
News Clip2:18
Bloomberg

KKR Undercuts Wall Street With $1 Billion Loan

Higher Ed
Feb.11 -- KKR & Co.'s decision to undercut Barclays Plc on a $1.1 billion ACProducts loan underscores just how cutthroat KKR and other private-equity firms have become in recent years as they look to play a bigger role in the lending...
News Clip0:57
Bloomberg

Investors Yank Cash From U.S. Credit Funds

Higher Ed
Mar.06 -- Investors withdrew a combined $12.2 billion from U.S. funds that buy corporate bonds and loans in the past week as the spreading coronavirus battered markets globally. Bloomberg's Claire Boston reports on "Bloomberg Daybreak:...
News Clip2:16
Bloomberg

ECB's Lagarde Says There Are Some Signs of Economic Stabilization

Higher Ed
Dec.12 -- European Central Bank President Christine Lagarde discusses the outlook for the euro-area economy during a press conference in Frankfurt. There are "some signs of initial stabilization in the growth slowdown, and of a mild...
News Clip2:27
Bloomberg

Lagarde Says ECB Is ‘Determined’ to Deliver on Inflation Mandate

Higher Ed
Dec.02 -- European Central Bank President Christine Lagarde speaks about the bank's inflation target during an appearance before European Parliament's Economic and Monetary Affairs Committee in Brussels, her first in the role.
News Clip5:33
Bloomberg

Wells Fargo Is Well Positioned But Has Work to Do on the Cost Side, CFO Says

Higher Ed
Oct.15 -- John Shrewsberry, Wells Fargo & Co. chief financial officer, discusses the bank's third-quarter earnings and legal expenses with Bloomberg's Romaine Bostick, Joe Weisenthal and Caroline Hyde on "Bloomberg Markets: What'd You...