News Clip1:15
Bloomberg

McConnell, Schumer Discuss $484 Billion Interim Stimulus Package

Higher Ed
Apr.21 -- Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer talk about the $484 billion pandemic relief package that was passed Tuesday to bolster a tapped-out small business aid program, pay for coronavirus...
News Clip9:27
Bloomberg

Fed's Barkin Says Jobs Numbers Will Get Worse Before They Get Better

Higher Ed
Apr.03 -- Federal Reserve Bank of Richmond President Tom Barkin says the U.S. economy will get worse before it shows signs of recovery and that every business needs to focus on how to regain the confidence of consumers. He speaks with...
News Clip3:42
Bloomberg

What the ECB Can Do Beyond a Rate Cut for Coronavirus Stimulus

Higher Ed
Mar.12 -- Eric Lonergan, macro fund manager at M&G Investments, explains how the European Central Bank can move beyond interest-rate cuts to provide stimulus amid the coronavirus outbreak. He speaks on "Bloomberg Markets: European Open."
News Clip4:11
Bloomberg

How Is the Coronavirus Outbreak Affecting Middle East Markets?

Higher Ed
Feb.25 -- Ali Taqi, the head of equities at Rasmala Investment Bank Ltd. in Dubai, discusses how the coronavirus outbreak is affecting Middle East economies and markets. He speaks with Manus Cranny on "Bloomberg Daybreak: Middle East."
News Clip4:29
Bloomberg

Virus Causing 'Severe' Situation in Norway, Norges Bank Governor Says

Higher Ed
Mar.13 -- Norges Bank Governor Oystein Olsen discusses the impact of the coronavirus outbreak on Norway's economy with Bloomberg's Alix Steel and Bloomberg Opinion's Brooke Sutherland on "Bloomberg Daybreak: Americas." Sutherland's...
News Clip1:53
Bloomberg

Carnegie Eyeing Opportunistic Credit, Managing Director Jones Says

Higher Ed
Jun.23 -- Carnegie Corp. is setting aside some capital for opportunistic credit investments during the economic slowdown, says Brooke Jones, the foundation’s managing director of investments, during an interview with Bloomberg's Erik...
News Clip6:10
Bloomberg

Singapore Bank Provisions Will Likely Peak in 2021, Moody’s Investors Service Says

Higher Ed
May.08 -- Moody’s Investors Service VP Eugene Tarzimanov believes provisions at Singapore lenders will probably only peak in 2021. He was speaking with Haslinda Amin and Yvonne Man on "Bloomberg Markets Asia".
News Clip8:09
Bloomberg

How Community Banks Keep Main Street Afloat

Higher Ed
May.12 -- Alix Steel takes a look at community banks and lending to mom-and-pop businesses. She's joined by Frank Sorrentino, ConnectOne Bank CEO. His bank lent $400M in first round of PPP.
News Clip4:08
Bloomberg

Fiat Chrysler Moves Closer to $7.1 Billion Italian Loan

Higher Ed
Jun.17 -- Italy is close to approving a credit facility for Fiat Chrysler Automobiles NV that would be Europe’s largest government-backed financing for a carmaker during the coronavirus pandemic. Bloomberg’s Tommaso Ebhardt reports on...
News Clip5:30
Bloomberg

Air France-KLM Secures $3.8 Billion Dutch Bailout

Higher Ed
Jun.26 -- KLM Chief Executive Officer Peter Elbers discusses the way forward for the airline from the coronavirus pandemic as it secures a $3.8 bailout from the Netherlands. He speaks on “Bloomberg Surveillance.”
News Clip3:44
Bloomberg

Goldman Sachs Bond Trading Surges Amid Pandemic Volatility

Higher Ed
Oct.14 -- Goldman Sachs Group Inc.'s third-quarter revenue from buying and selling stocks and bonds surged 29%, driven by a 49% increase in fixed-income trading. Bloomberg's Sonali Basak reports on "Bloomberg Surveillance."
News Clip5:38
Bloomberg

DBS: RBI Helping Where They Can

Higher Ed
May.05 -- Radhika Rao, Senior VP & Economist at DBS Bank says while there is no room for the central bank to cut rates, at least liquidity and loan relief is what they can provide. She speaks with Haidi Stroud-Watts and Shery Ahn on...
News Clip5:10
Bloomberg

Subprime Solar Sets Financial Trap for Homeowners

Higher Ed
Apr.08 -- Predatory deals from the financial crisis are back, just in time for the climate crisis. Bloomberg's Jillian Goodman explains on "Bloomberg Markets: The Close."
News Clip8:32
Bloomberg

M&T Bank CEO Sees 'Very Robust' Recovery in Second Half

Higher Ed
Apr.28 -- M&T Bank Chairman and CEO Rene Jones discusses the outlook for loan demand growth, the bank's new tech hub and his views on financial technology companies with Bloomberg's Alix Steel and Guy Johnson on "Bloomberg Markets."
News Clip8:40
Bloomberg

PNC CEO Says Customers Are Flush With Cash, Economy Booming

Higher Ed
Apr.13 -- PNC CEO William Demchak discusses how the bank's technology will help customers avoid overdraft fees and provides his views on the state of the U.S. economy. He speaks on "Bloomberg Markets: The Close."
News Clip2:01
Bloomberg

BofA's Moynihan Says Delinquencies Back to Pre-Crisis Level

Higher Ed
Mar.15 -- Bank of America Chairman and CEO Brian Moynihan says a tremendous effort was made to take care of colleagues and customers during the Covid-19 pandemic. He speaks with Bloomberg's David Westin on "Balance of Power."
News Clip13:39
Bloomberg

BofA CEO Moynihan on Inflation Risk, Returning to Office

Higher Ed
Jun.17 -- Bank of America Chairman and CEO Brian Moynihan discusses the state of the U.S. economy, inflation risks and the bank's plan to return employees to their offices. He speaks with Bloomberg's David Westin on "Bloomberg...
News Clip2:35
Bloomberg

China Likely to Issue Extra Local Debts

Higher Ed
Reports in China are saying that local authorities could be issuing an additional $221 billion in extra debt this year to boost infrastructure investments. That comes after Chinese Premier Li Keqiang called for provinces to bolster...
News Clip2:59
Bloomberg

JPMorgan Results Include $524M Loss Tied to Ukraine War

Higher Ed
JPMorgan Chase's first-quarter results included a $524 million loss driven by the market fallout from the war in Ukraine. JPMorgan's fixed-income and equity-trading revenue both beat analysts' estimates. Sonali Basak reports on...
News Clip5:21
Bloomberg

Fitch: China Banks' Profitability to Remain Under Pressure

Higher Ed
Grace Wu, head of Greater China bank ratings, discusses the prospects for the lenders. Agricultural Bank of China Ltd., the nation's third-largest bank by assets, said it's facing 1.23 billion yuan ($178 million) in overdue loans, nearly...
News Clip1:17
Bloomberg

Summers Says Biden's Debt Relief Plan Is Inflationary

Higher Ed
Larry Summers, President Emeritus of Harvard University and former Treasury Secretary, argued against President Joe Biden's plan for student loan relief saying it is spending that "raises demand and increases inflation." Biden's plan...
News Clip2:25
Curated Video

USA: WORLD BANK APPROVE LOAN FOR IRAN

Higher Ed
English/Nat Despite strong objections from the United States, the World Bank has approved 232 (m) million U-S dollars in loans to Iran - the first in seven years. World Bank executive board members say the loans will focus on basic human...
News Clip1:58
Curated Video

President Barack Obama is urging Congress to move quickly on a stalled jobs bill, and he criticizes the partisan minority in the Senate from blocking action on the legislation.

Higher Ed
HEADLINE: Obama urges Congress to act on jobs bill CAPTION: President Barack Obama is urging Congress to move quickly on a stalled jobs bill, and he criticizes the partisan minority in the Senate from blocking action on the legislation....
News Clip2:58
Curated Video

WRAP Congress and analyst on rescue of financial system; Bush radio address

Higher Ed
1. Various of Speaker of the US House of Representatives Nancy Pelosi, entering House chamber 2. Cutaway of House chamber 3. SOUNDBITE (English) Dennis Kucinich, Democratic Congressman for Ohio: "Industrial capitalism can finally be...