Bloomberg
Bafin Says Too Many Unprofitable Businesses Being Kept Alive
Sep.05 -- Felix Hufeld, president of Bafin, Germany’s top financial watchdog, discusses the impact of negative rates on the banking system and the need for Deutsche Bank AG and other lenders to tackle costs. He speaks on "Bloomberg...
Bloomberg
SoftBank CEO's Leveraged Fortune Leaves Him Susceptible to WeWork Woes
Sep.19 -- SoftBank Group Corp. Chief Executive Officer Masayoshi Son's bet on himself is leaving him feeling the impact of WeWork's IPO woes. Bloomberg's Sonali Basak reports and Lale Topcuoglu, senior fund manager at JOHCM, joins the...
Bloomberg
EU FX Mortgage Ruling May Create Systemic Problem: Bank Pekao CEO
Sep.19 -- Bank Pekao Chief Executive Officer Michal Krupinski discusses the impact of an expected EU court ruling on loans denominated in foreign currency. He speaks on "Bloomberg Markets: European Close."
Bloomberg
Saudi Banking Stocks Not Favored, Daman Investments Says
Oct.14 -- Ali El Adou, the head of asset management at Daman Investments in Dubai, talks about Saudi Arabian banks. He speaks with Manus Cranny on "Bloomberg Daybreak: Middle East."
Bloomberg
CLO Market Flashes Warning Signs for Debt-Laden Companies
Oct.23 -- Unlike the CDO, the CLO made it through the financial crisis largely unscathed and has boomed in the decade since. But as odds of a recession in 2020 grow, ratings downgrades could cause a stampede of selling by CLOs....
Bloomberg
U.K. Emergency Policy Move: Saxo Bank Says BOE Lending Scheme Is `On Point'
Mar.11 -- Steen Jakobsen, chief economist and chief investment officer at Saxo Bank A/S, discusses the Bank of England's emergency rate cut and its introduction of a new scheme to ensure companies can easily and cheaply access credit....
Bloomberg
Trump: Will Ask Bigger Companies to Return Emergency Loans
Apr.21 -- Treasury Secretary Steven Mnuchin says the emergency U.S. government money is designed for struggling small businesses, and President Donald Trump says he will ask larger companies to return money they accessed from the federal...
Bloomberg
Burning Issues: China's 'Distressed Debt Cycle', Fixed Income Caution & Casper IPO
Jan.21 -- Amid rising defaults and tighter liquidity for Chinese privately-owned enterprises, the nation’s banks are letting some companies fail, something Deutsche Bank AG says presents bigger opportunities for foreign investors in...
AFP News Agency
CLEAN : US: Small business owners await financial help programs approved by Congress
Owners of small businesses in the US capital applied for financial assistance to cope with the economic slowdown amid the coronavirus pandemic, but some doubt they will receive it (Footage by AFPTV via Getty Images)
Bloomberg
Fed Becoming 'Increasingly Flexible' Supporting Economy, BofA's Cabana Says
Apr.09 -- The Federal Reserve's new plan to provide as much as $2.3 trillion in additional aid shows they are willing to do whatever it takes to support the economy amid the coronavirus pandemic, Mark Cabana, BofA Securities head of...
Bloomberg
Virus Crisis Is Transitory, Says Ecobank’s Nkontchou
Aug.18 -- Alain Nkontchou, chairman at Ecobank Transnational Inc., discusses the bank’s biggest operational challenge due to coronavirus, loan restructuring and his outlook for Africa’s banking sector. He speaks on “Bloomberg Markets:...
Curated Video
Mnuchin says opening country a health decision
U.S. Treasury Secretary Steven Mnuchin says a decision whether to reopen the nation back for business as early as Easter will be a health decision not an economic one.
Bloomberg
BofA's Moynihan Says U.S. Will Have a Fast Turnaround After Virus Crisis
Apr.01 -- Bank of America Corp. Chairman and Chief Executive Officer Brian Moynihan says the U.S. economy will recover quickly from the coronavirus pandemic. He speaks during an interview with Bloomberg's David Westin on "Balance of Power."
Bloomberg
Schwarzman Sees Virus Pandemic Causing $5 Trillion Hit to U.S. Economy
Apr.07 -- Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman says the coronavirus pandemic will cause a huge disruption to the U.S. economy but it will be temporary because of the federal government's recent...
Bloomberg
‘Frugal Four’ to Post EU Recovery Plan
May.21 -- Karen Ward, chief market strategist for EMEA at JPMorgan Asset Management, discusses the alternative EU recovery plan from four countries who are opposed to government handouts. She speaks on “Bloomberg Markets: European Open.”
Bloomberg
NIESR's Chadha Says Expect U.K. Unemployment to Reach 10%
Jul.09 -- Jagjit Chadha, director of the National Institute for Economic and Social Research, discusses the impact of Chancellor Rishi Sunak's summer statement. He speaks with Anna Edwards and Matt Miller on "Bloomberg Markets: European...
Curated Video
U.S. Catholic Church Received At Least $1B In Federal COVID-19 Aid
Since the amount of aid received is disclosed in ranges, The Associated Press reports the church could have accepted $3.5 billion in total aid.
Bloomberg
EU Leaders Deadlocked Over Recovery Fund
Jul.19 -- European Union efforts to agree on a 750 billion-euro stimulus package ran into trouble late Sunday as leaders were unable to reconcile differences over how much of the recovery fund should be distributed through grants versus...
Bloomberg
There Is Yield to Be Had Outside of Government Markets, Says Invesco's Waldner
Jun.01 -- Rob Waldner, chief strategist: fixed income, at Invesco Advisers, talks about the hunt for yield in credit markets. He appears on "Bloomberg Markets."
Bloomberg
Mike Mayo Says 2020 May Be a 'Washout' for Bank Earnings
May.14 -- Mike Mayo, Wells Fargo senior analyst, says U.S. banks are well-positioned to cope with the economic fallout from the coronavirus pandemic. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
Bloomberg
Wells Fargo's Mayo Says 'Bigger Is Better' When It Comes to Bank Stocks
Jun.25 -- Mike Mayo, Wells Fargo Securities senior bank analyst, says that even though he called for the breakup of big banks a decade ago he currently likes the largest bank stocks. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg...
Bloomberg
Mid-sized Businesses Need Something Closer to Equity Than to Credit, Says Tarullo
Jul.10 -- Dan Tarullo, Former Federal Reserve Board Governor, says that businesses need something closer to equity than the debt financing provided by the Fed. Former Treasury Secretary Lawrence H. Summers worries that that a Fed-first...
Curated Video
Treasury Completed Loans With 7 Large Airlines, Calls For More Aid
Tens of thousands of travel workers could lose their jobs starting Thursday.
Bloomberg
Guggenheim’s Millstein Sees Period of Pretty Significant Volatility
Sep.08 -- Jim Millstein, co-chairman at Guggenheim Securities, discusses market volatility and the economic impact of the coronavirus pandemic. He speaks on "Bloomberg Markets."