Bloomberg
Markets in 3 Minutes: Tight Financial Conditions, Fed's Next Step
Mark Cudmore and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
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El-Erian Says Some US Regional Banks Face 'Bumpy' Road Ahead
Mohamed El-Erian, president at Queens College Cambridge and Bloomberg Opinion columnist, shares his views on the regional banking crisis in the US. He speaks with Lisa Abramowicz and Jonathan Ferro on a special edition of "Bloomberg...
Bloomberg
How the UBS-Credit Suisse Deal Impacts Asian Markets
Vanessa Chan, head of Asian fixed income investment directing at Fidelity International, discusses UBS Group AG agreeing to buy Credit Suisse Group AG in a historic government-brokered deal, its impact on Asian banks and her outlook for...
Bloomberg
Contagion Risks Remain After UBS-Credit Suisse Deal, AMP Says
Shane Oliver, head of investment strategy and chief economist at AMP, discusses UBS Group AG's agreement to buy Credit Suisse Group AG, the implications for financial markets. UBS is paying 3 billion francs ($3.3 billion) for CS in an...
Bloomberg
Credit Suisse Chairman: This Is a Sad and Historic Day
Credit Suisse Chairman Axel Lehmann says this is a difficult day for the bank and he says bank failures in the US hit at a very inopportune time. He speaks in Bern, Switzerland at a press conference with other bank and government...
Bloomberg
What Does the UBS-CS Deal Mean for the Bond Market?
Bob Michele, chief investment officer of fixed income at J.P. Morgan Asset Management, discusses UBS Group AG's agreement to buy Credit Suisse Group AG, the implications for bond markets and the banking industry. Holders of Credit Suisse...
Bloomberg
UBS in Talks to Buy All or Part of Credit Suisse: FT
A merger of UBS Group AG with Credit Suisse Group AG is "plan A" for Swiss regulators seeking to shore up confidence in the nation's banking system, the Financial Times reported. Bloomberg's Kailey Leinz and Sonali Basak report on...
Bloomberg
Fed's Barr, in Prepared Remarks, Says Banks Are 'Sound'
Federal Reserve Vice Chair for Supervision Michael Barr says regulators "will continue to closely monitor conditions in the banking system and are prepared to use all of our tools for any size institution, as needed." Barr is scheduled...
Bloomberg
Asia Earnings Week Ahead: Bank of China, ICBC, BYD
China banks may prove they remain on solid ground this week with the release of results. Their global counterparts, in the meantime, still reeling from weeks of banking turmoil. Olivia Tam reports on Bloomberg Television.
Bloomberg
US Mulls More Support for Banks
US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation. Adam Haigh reports...
Bloomberg
Biden Says US Banks Are in 'Pretty Good Shape'
"I don't see anything that's on the horizon that's about to explode," President Joe Biden says during a joint news conference with Canadian Prime Minister Justin Trudeau.
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Newedge's Dawson Sees More Downside Earnings Adjustments
Newedge Wealth CIO Cameron Dawson says she expects more downside adjustments to earnings to reflect higher recession risk and more credit contraction during an interview with Alix Steel and Guy Johnson on "Bloomberg Markets."
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Bloomberg
StanChart CEO Says Worst of the Banking Crisis Is Over
Standard Chartered Chief Executive Officer Bill Winters speaks with Bloomberg's David Ingles on the banking crisis, inflation, rates and more.
Bloomberg
Fed Should Be Close to Done on Rate Hikes, Mnuchin Says
"It's not a surprise we have inflation. There has been too much fiscal response," former US Treasury Secretary Steven Mnuchin says at the FII's Priority Conference in Miami.
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Bloomberg
Novogratz: This Is Crypto's Moment
Michael Novogratz, Galaxy Digital CEO, says this is Crypto's moment. He says there are plenty of opportunities for Bitcoin investors. He speaks at the FII Institute Priority summit.
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Bloomberg
Fed Needs to Be Willing to Stop Hikes: Vincent Reinhart
"I think it's appropriate now (the Fed) moves gradually and be willing to stop," Vincent Reinhart , Dreyfus & Mellon's chief economist, says during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
Takeaways From Two Days of Bank Failure Hearings
Dennis Kelleher, Better Markets CEO, talks about what he's learned from two days of hearings on Capitol Hill about the recent bank failures. He's on "Wall Street Week Daily."
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Bloomberg
FDIC Might Ask Big Banks to Plug $23 Billion Hole
The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, may ask big banks to pitch in and shore up a special insurance fund. Bloomberg's Hannah Levitt reports.
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Bloomberg
Crossmark's Bob Doll Calls Market Rally Encouraging
"I think we're passed the worst of the bank crisis...but that doesn't mean we're passed all of the issues related to what the Fed has done in the last 12 months," Crossmark Global Investments CIO Bob Doll says on "Bloomberg Markets: The...
Bloomberg
Vontobel CEO: CS-UBS Deal Is Clear Step Toward Stability
The forced merger of Credit Suisse and UBS is "a very clear step toward stability," Vontobel CEO Zeno Staub says during an interview on "Bloomberg Markets: The Close."
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Bloomberg
Rep. McHenry Grills Regulators on SVB Awareness
US Representative Patrick McHenry grills Treasury Undersecretary for Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr and FDIC Chair Martin Gruenberg on the timing of their awareness of the impending...
Bloomberg
Bank Crisis Has Opened Pandora's Box: TD's Misra
"There are massive unrealized losses sitting on bank balance sheets," TD Securities Global Head of Rates Strategy Priya Misra says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Misra advises investors to own...
Bloomberg
Fed Will Cut Much More Than Expected, TD's Misra Warns
TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on...
Bloomberg
Swiss Banking Gets Fresh Twist as Ermotti Returns to UBS
UBS named Sergio Ermotti as its new CEO, replacing Ralph Hamers after just over two years in charge, as it taps the veteran banker to oversee the complicated acquisition of Credit Suisse. Ermotti, who is chairman of Swiss Re, is...