Bloomberg
Biden Administration Proposes Tougher Bank Rules
President Joe Biden's administration is pressing regulators to tighten the rules for mid-sized banks. The White House called for federal banking agencies, in conjunction with the Treasury, to enact a series of changes to tighten rules....
Bloomberg
Fed's Emergency Loans to Banks Decline for Third Week
US institutions had a combined $148.7 billion in outstanding borrowings in the week through April 5, compared with $152.6 billion the previous week. Romaine Bostick reports.
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Bloomberg
How the SVB Fallout Impacted Atomic Invest
Atomic Invest CEO David Dindi discusses money flows in the wake of the collapse of Silicon Valley Bank. He joins Bloomberg's Matt Miller and Dani Burger on "Surveillance: Early Edition."
Bloomberg
Western Alliance Deposits Fell 11% in Q1 to $47.6B
Western Alliance "experienced elevated net deposit outflows surrounding the announcements of the Silicon Valley Bank and Signature Bank closures," the bank says in a filing. The bank said deposits fell 11% in the first quarter, a smaller...
Bloomberg
Western Alliance Shares Fall on Lack of Deposit Details
Shares of Western Alliance fell after the regional bank updated its financial disclosures without saying more about its deposit balance. Bloomberg Intelligence's Herman Chan has more on "Bloomberg Markets."
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Bloomberg
China Credit Growth Beats Expectations
China's credit expanded faster than expected in March, a sign that the central bank's moves to unleash more long-term liquidity into the economy and support bank lending is fueling investment activity. Bloomberg Economics' Eric Zhu...
Bloomberg
Goolsbee Calls for Cautious Approach to Fed Policy
"Given how uncertainty abounds about where these financial headwinds are going, I think we need to be cautious," Federal Reserve Bank of Chicago President Austan Goolsbee says during remarks at an Economic Club of Chicago event.
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Bloomberg
Flight to Safety Driving Bitcoin: Marathon Digital CEO
Marathon Digital CEO Fred Thiel discusses what's behind Bitcoin's gains with Matt Miller and Kailey Leinz on "Bloomberg Crypto."
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Bloomberg
Inflation Peaked, 'Choppy' Economy Ahead: Bob Diamond
Atlas Merchant Capital CEO Bob Diamond says inflation is working it's way down and looks ahead to bank earnings season. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
Morgan Stanley's Caron Expects Credit Crunch, Not Crisis
Morgan Stanley Global Balanced Funds co-CIO Jim Caron says he sees a credit crunch ahead that will happen over time and not be a "sudden shock event." He speaks during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Optimal Capital Advisors on US Markets
Frances Stacy, director of strategy at Optimal Advisors, discusses her views on investment strategies for the US markets. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
Fed's Emergency Bank Loans Fall for Fourth Straight Week
Bank borrowing from two Federal Reserve backstop lending facilities declined for a fourth straight week amid easing liquidity constraints following last month's collapse of Silicon Valley Bank. Valerie Tytel reports on Bloomberg...
Bloomberg
Huntington CFO Expects Growing Deposits Rest of Year
Huntington Bancshares CFO Zach Wasserman discusses the bank's "stable and growing" deposits, loan portfolio and the future of regulation with Alix Steel and Dani Burger on "Bloomberg Markets."
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Bloomberg
Bank Crisis to Cause Systemic 'Ripples': Morgan Stanley
Morgan Stanley Wealth Management CIO Lisa Shalett comments on what a credit contraction might mean for the US economy during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Yellen Proposes FSOC Revisions to Nonbank Oversight
"The existing guidance, issued in 2019, created inappropriate hurdles as part of the designation process," US Treasury Secretary Janet Yellen says during a Financial Stability Oversight Council meeting.
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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
Sunnova Gets $3 Billion Energy Department Loan
John Berger, Sunnova chairman, president and CEO, joined Alix Steel and Dani Burger to discuss affordable energy services and energy transition.
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Bloomberg
El-Erian Sees a Credit Contraction, Not a Credit Crunch
Mohamed El-Erian, a Bloomberg Opinion columnist, says the distribution effects of the current credit contraction will unfortunately hit small businesses harder than big businesses during an interview with Jonathan Ferro on "Bloomberg The...
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
Morgan Stanley Wealth Management Revenue Tops Estimates
Morgan Stanley reported wealth management net revenue for the first-quarter that exceeded average estimates, while FICC sales and equity trading revenue also came in above expectations. Bloomberg's Sonali Basak has the numbers on...
Bloomberg
Community Banks Too Important to Fail
Darrin Williams, Southern Bancorp CEO discusses the repercussions felt by community banks from the banking crisis. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
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Bloomberg
First Look With Surveillance: Microsoft, Alphabet. Meta
Anna Edwards and Matt Miller take you through what to watch today.
Bloomberg
More Pain Ahead for Bank Stocks: Morgan Stanley's Skelly
Daniel Skelly, Morgan Stanley's head of wealth management, market research and strategy, says he's "relatively cautious" on banks during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
El-Erian Worried Banking 'Cancer' Starting to Spread
Mohamed El-Erian, a Bloomberg Opinion columnist, says the US is in "phase two" of the banking crisis and warns that the financial system lacks "anchors" right now during an interview with Jonathan Ferro on "Bloomberg The Open."...