Bloomberg
ADB's Takehiko Nakao Flags How China's Lending Is Causing Debt Distress
Jun.09 -- Asian Development Bank President Takehiko Nakao highlighted how China’s lending activities are causing debt distress during a Group of 20 meeting that shone light on debt transparency and sustainability. He spoke with...
Bloomberg
S&P's Chan Expects Mixed Asia-Pacific Credit Markets in 2020
Dec.02 -- Terry Chan, S&P Global Ratings head of credit research, Asia-Pacific, discusses the outlook for credit markets in 2020 with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Will the 'High-Yield Party' Soon Be Over?
Oct.19 -- Uber Technologies Inc. has found a way to tap debt markets when burning through billions of dollars of cash: keep financial details closely guarded and hire former Goldman Sachs bankers to oversee the deals. The ride-hailing...
Bloomberg
Credit Markets Getting a 'Little Weary,' Z Capital CEO Says
Jan.08 -- Jim Zenni, chief executive officer at Z Capital Group, discusses the state of credit markets, CLO demand, liquidity issues, and the need for market transparency. He speaks on "Bloomberg Markets."
Bloomberg
CLO Managers Gear Up to Profit From an Economic Downturn
Jan.18 -- Some of Wall Street’s biggest buyers of leveraged loans are gearing up to profit from a U.S. economic downturn. Bloomberg's Lisa Abramowicz reports on "Bloomberg Markets: The Close."
Bloomberg
Citigroup Said to Face $180M Loss on Loan to Asia Fund
Dec.18 -- Citigroup Inc. faces losses of as much as $180 million on loans made to an Asian hedge fund whose foreign-exchange wagers went awry, according to a person briefed on the matter. Bloomberg's Michael Moore reports on "Bloomberg...
Bloomberg
Rodgin Cohen Breaks Down the Volcker Rule Overhaul
Oct.11 -- Rodgin Cohen, senior chairman at Sullivan & Cromwell, examines the overhauled Volcker Rule approved by the Federal Reserve, which will go into full effect at the start of 2021. He speaks with Bloomberg's Alix Steel on...
Bloomberg
Private Markets Roundup: 'Profound' Shift in Assets, KKR's $2B Growth Fund
Oct.29 -- Almost half of BlackRock Inc.’s institutional clients plan to increase their allocation to private asset classes. Plus KKR & Co. has gathered more than $2 billion to invest in fast-growing technology companies as it further...
Bloomberg
China’s Credit Growth Decelerates More Than Expected
Nov.11 -- China’s credit growth slowed more than expected in October to the weakest pace since at least 2017 as weak corporate demand for credit combined with seasonal effects. Tom Mackenzie reports on "Bloomberg Daybreak: Australia."
Sky News
Cutaways of former Trump lawyer Michael Cohen in Congress
CLEAN: Interior cutaway shots of Donald Trump's former lawyer Michael Cohen in Congress being cross-examined on 27 February 2019 in Washington DC, United States
Bloomberg
ECB Is Deliberately Obfuscating Approach to Policy, M&G's Lonergan Says
Sep.23 -- Eric Lonergan, M&G Investments macro fund manager, discusses the European Central Bank's approach to policy with Bloomberg's Romaine Bostick, Caroline Hyde and Joe Weisenthal on "Bloomberg Markets: What'd You Miss?"
Bloomberg
What's The Big Idea? Here's What Could Spark a Sell-Off in CLOs
Sep.10 -- Collateralized loan obligations known as CLOs have become an area of concern for some investors and regulators. The CLOs bundle together loans made to relatively indebted companies, but it's tough to figure out exactly who's...
Bloomberg
U.K.'s $39 Billion Pledge to Fight Virus Fallout: Budget Highlights
Mar.11 -- U.K. finance minister Rishi Sunak pledged a 30 billion pound ($39 billion) stimulus package as he seeks to prepare the British economy to fight the potentially devastating impact of coronavirus. It follows the Bank of...
Bloomberg
HSBC First-Quarter Adjusted Pretax Profit Misses Estimates
Apr.28 -- HSBC Holdings Plc. has announce a first-quarter adjusted pretax profit of $3.04 billion. The bank says it has been impacted by Covid-19 and a fall in the oil price. Bloomberg’s Stephen Engle reports on “Bloomberg Daybreak:...
Bloomberg
Schwarzman on $15M Donation to New York, Economic Fallout From Virus
Apr.07 -- Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman discusses the firm's $15 million donation to New York first responders and the economic fallout from the coronavirus pandemic. He speaks with...
Bloomberg
AIIB Plans $5 Billion Coronavirus Recovery Facility
Apr.06 -- Danny Alexander, vice president and corporate secretary at the Asian Infrastructure Investment Bank, talks about the lender's plan to launch a $5 billion coronavirus crisis recovery facility. He speaks with Tom Mackenzie and...
Bloomberg
Santander's Botin on Capital Levels, Profitability, U.S. Growth
Jan.29 -- Banco Santander SA Chairman Ana Botin discusses earnings, capital levels and U.S. growth. While the bank’s international reach has allowed it to mitigate the effect of low interest rates in its home market of Spain, investors...
Bloomberg
ANZ Bank Profit Plunges 60%; Dividend Deferred on Virus
Apr.29 -- Australia & New Zealand Banking Group Ltd. first-half profit plunged 60% as the coronavirus crisis sent bad-debt provisions soaring, prompting the lender to defer its dividend until the economic situation is clearer. Emily...
Bloomberg
India's Growth to Bottom Out in Late 2019, DBS's Rao Says
Dec.12 -- Radhika Rao, senior vice president and economist at DBS Bank, talks about India's economy and policies. She speaks with Juliette Saly and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
AIIB President on Lender's Outlook, China-U.S. Tensions
Oct.25 -- Jin Liqun, president of Beijing-based Asian Infrastructure Investment Bank, which is focused on providing loans in the region, discusses the outlook for the lender and its role in the pandemic recovery. He also shares his views...
Curated Video
JPMorgan Chase Funding $30B To Fix "Systemic Racism" In Banking
Its committing $30 billion over the next five years toward programs that will aid Black and Latino homebuyers and business owners.
Bloomberg
Westpac Profit Plunges on Bad-Debts, Laundering Fine
Nov.01 -- Westpac Banking Corp.’s profit plunged after the lender was hit with a record fine for breaching anti-money laundering laws, and the coronavirus-induced recession swelled bad-debt charges. Matthew Burgess reports on "Bloomberg...
Bloomberg
Lagarde Says Yearlong ECB Review to Look at ‘Host of Issues’
Jan.23 -- European Central Bank President Christine Lagarde discusses the parameters of the institution’s first reappraisal of its monetary policy since 2003. The review, the conclusions of which should be communicated before the end of...
Bloomberg
Dutch PM Rutte on EU Recovery Plan, Governance
Jul.17 -- European Union leaders are meeting in Brussels today to discuss a radical 750 billion-euro fund designed to help the bloc’s economies recover from the worst recession in living memory. Leaders are still deeply divided over key...