News Clip2:37
Bloomberg

China Wont' Give Significant Stimulus for Housing: Wang

Higher Ed
"I don't think there will be any significant stimulus coming out in housing." Dan Wang, China chief economist at Hang Seng Bank, discusses the bank's growth forecast for China, the Loan Prime Rate and her outlook for PBOC policy. She...
News Clip2:57
Bloomberg

Chinese Banks Disappoint With Smaller Lending Rate Cuts

Higher Ed
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference rate for mortgages, despite the central bank putting pressure on lenders to boost loans. Jill Disis reports on...
News Clip2:32
Bloomberg

Apollo Poised to Loan $4B to Struggling Buyout Firms

Higher Ed
Apollo Global Management is poised to sign more than $4 billion in so-called NAV loans, as the asset manager steps up unorthodox lending to private equity firms looking to raise cash in a challenging high-cost environment. Laura Benitez...
News Clip6:25
Bloomberg

Jefferies' Chen on China's Property Sector

Higher Ed
Shujin Chen, China Economist and head of China financial & property research at Jefferies, shares her outlook on China's property sector and measures to revive the market. She speaks with Bloomberg's Shery Ahn and Paul Allen on...
News Clip1:15
Bloomberg

China Monthly Yuan Loans Fall to Lowest Since 2009

Higher Ed
Chinese banks extended the smallest amount of monthly loans in July since 2009 in another sign of weak demand in China's economy. Tom Mackenzie and Valerie Tytel report on Bloomberg Television.
News Clip3:08
Bloomberg

Markets in 3 Minutes: Moody's and China Keep Mood Negative

Higher Ed
Mark Cudmore and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
News Clip4:18
Bloomberg

Chinese Developers' Liquidity Woes May Harm Banks: BI

Higher Ed
Analysts at Bloomberg Intelligence see trouble brewing for Chinese banks. A report shows that possible liquidity issues for companies like Country Garden and other developers may threaten the asset quality of some of these banks....
News Clip3:35
Bloomberg

Philippine's BPI Sees Profit Continuing Growth Trend: CEO

Higher Ed
Jose Teodoro Limcaoco, president and chief executive officer at Bank of the Philippine Islands, the second largest bank in the country, discusses the bank's profitability, credit demand and his outlook on interest rates in the country....
News Clip1:02
Bloomberg

Tesla Offers 84-Month Loans as Interest Rates Rise

Higher Ed
Tesla Inc. has began offering seven-year auto loans to consumers amid rising interest rates. Su Keenan reports on Bloomberg Television.
News Clip7:42
Bloomberg

Nomura's Ting on China Property, Economic Outlook

Higher Ed
Ting Lu, Chief China Economist at Nomura International, discusses China's ailing property sector and broader economic outlook. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
News Clip1:52
Bloomberg

Fed's Barr: Big Banks Face Higher Capital Requirements

Higher Ed
"These changes would increase capital requirements overall, but I want to emphasize that they would principally raise capital requirements for the largest, most complex banks," the Federal Reserve's top banking regulator, Michael Barr,...
News Clip3:36
Bloomberg

China Signals More Economic Support After Property Debt Relief

Higher Ed
China will extend policies to support cash-strapped developers and shore up the ailing real estate sector, and is signaling more economic support measures are imminent. James Mayger reports on Bloomberg Television.
News Clip3:12
Bloomberg

Pakistan Bonds Rally After IMF Deal

Higher Ed
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the risk of a sovereign default. Ruchi Bhatia reports on Bloomberg Television.
News Clip2:09
Bloomberg

Schwab Sees Rates Weighing on Loan Issuers 'Right Now'

Higher Ed
Collin Martin, fixed income strategist at Schwab Center for Financial Research, discusses the impact of higher interest rates on the corporate debt market with Lisa Abramowicz on "Bloomberg Surveillance." Follow Bloomberg for business...
News Clip5:45
Bloomberg

Allspring Global Investments' Patel on US Markets

Higher Ed
Margie Patel, Senior Portfolio Manager for Multi-Asset Solutions at Allspring Global Investments, discusses her outlook and investment strategies for US markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak:...
News Clip2:02
Bloomberg

Powell: Capital Requirements to Be Skewed to Large Banks

Higher Ed
Federal Reserve Chair Jerome Powell says the capital requirements in proposals are mostly for larger banks during an exchange with Senator John Kennedy, a Louisiana Republican, at Powell's semiannual monetary report to the the Senate...
News Clip2:33
Bloomberg

ECB Calling In 500 Billion of Pandemic-Era Bank Loans

Higher Ed
The European Central Bank is making lenders repay about half a trillion euros in cheap pandemic-era loans all at once in a test of the resilience of the continent's banking industry. Jana Randow reports on Bloomberg Television. Follow...
News Clip2:28
Bloomberg

Zee-Sony Deal Under Scrutiny

Higher Ed
India's capital markets regulator says Zee Entertainment Enterprises Ltd. faked the recovery of loans, linked to private financing deal. Analysts say those allegations may now be jeopardizing its planned merger with a unit of Sony Group...
News Clip7:17
Bloomberg

Higher Capital Requirements Won't Trigger Chaos, Cohen Says

Higher Ed
H. Rodgin "Rodge" Cohen, Sullivan & Cromwell senior chairman, discusses the aftermath of the US bank failures and how higher capital requirements for banks could impact the financial system. He speaks with David Westin and Romaine...
News Clip1:22
Bloomberg

BofA CEO: Higher Capital Requirements Will Curb Lending

Higher Ed
Bank of America Chair and CEO Brian Moynihan says higher capital requirements will impact lending during an interview with David Westin at Bloomberg Invest New York 2023. Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip0:57
Bloomberg

Byju's Skips $40 Million Loan Payment in Lender Dispute

Higher Ed
Tech startup Byju's has refused to make any further payments to lenders of a $1.2 billion loan. It's also filed a complaint concerning the loan with the New York Supreme Court. Menaka Doshi reports on Bloomberg Television.
News Clip3:11
Bloomberg

Is the FHLB System Working as Expected?

Higher Ed
The Federal Home Loan Bank system provides billions to banks curtailing mortgage lending, and millions to its executives. Bloomberg's Max Reyes has more on "The Big Take." Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip3:46
Bloomberg

Top Calls: End of Studen Loan Pause May Help Sofi

Higher Ed
David Chiaverini, Wedbush Securities Managing Director & Equity Research Analyst, joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. Follow Bloomberg for business...
News Clip1:16
Bloomberg

JPMorgan Cuts 1,000 First Republic Staffers

Higher Ed
JPMorgan notified about 1,000 First Republic Bank employees that they aren't being given jobs even temporarily following its takeover of the failed lender. Hannah Levitt reports on "Bloomberg Markets: The Close." Follow Bloomberg...