Bloomberg
BofA CEO Moynihan Doesn't Expect US Recession
Bank of America Chair and CEO Brian Moynihan says the US economy is "reaching a pretty good equilibrium" between the consumer and the Federal Reserve during an interview with David Westin on "Wall Street Week Daily."
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Bloomberg
Marathon CEO Richards Agrees With Dimon: Avoid the Banks
Marathon Asset Management CEO Bruce Richards says he sees investment opportunities in commercial real estate and says the credit market is in a "golden era." He speaks on "Bloomberg Markets."
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Bloomberg
Unpacking Mike Mayo's Take on Morgan Stanley Bonuses
Bloomberg's Sally Bakewell breaks down the questions raised by Wells Fargo & Co. analyst Mike Mayo about Morgan Stanley's bonus payments to two unsuccessful candidates for the bank's chief executive officer post. She spoke on ``Bloomberg...
Bloomberg
HSBC Has Good Capital Generation Prospects, CEO Quinn Says
HSBC Holdings Plc Chief Executive Officer Noel Quinn discusses the bank's financial results, outlook and strategy. The London-headquartered bank announced a new $3 billion buyback program after it reported profit that missed estimates in...
Bloomberg
Rithm CEO on Winning Support to Buy Sculptor
Rithm Capital Chairman and CEO Michael Nierenberg talks about the effort to buy Sculptor Capital Management Inc. for $720 million. Shareholders now have to vote on the deal which has the support of Sculptor founder and major shareholder...
Bloomberg
HSBC, Bank of China, Automakers: Earnings Week Ahead
HSBC Holdings Plc is under scrutiny as Standard Chartered Plc posted lower-than-estimated profit on charges related to investments in China. Bank of China Ltd. and automakers including BYD Co. are set to report earnings this week. Felix...
Press Association
NatWest showed ‘serious failings’ in Nigel Farage account closure, probe finds
NatWest Group’s decision to shut down Nigel Farage’s Coutts account showed “serious failings” in its treatment of the politician, an independent probe has found.
Bloomberg
SEB: Yield Volatility Is Here to Stay
SEB Head of Asia Strategy Eugenia Victorino believes that yield volatility is here to stay, until it is clear that the Fed is ready to pivot. She speaks with Bloomberg's David Ingles and Yvonne Man on "Bloomberg Markets: Asia."
Bloomberg
Morgan Stanley's Ted Pick to Succeed James Gorman as CEO
Morgan Stanley is naming Ted Pick, a three-decade veteran of the firm and co-president, to become its new chief executive officer, succeeding James Gorman, who will stay on as executive chairman. Adam Haigh reports on Bloomberg Television.
Bloomberg
Deutsche Bank CFO Says Cost Cuts Will Include Job Losses
Deutsche Bank CFO James von Moltke discusses net interest income, shareholder returns and job cuts. He speaks with Bloomberg's Dani Burger after the lender reported revenue in the three months through September which rose about 3% from a...
Bloomberg
Barclays Misses Estimates, UniCredit Lifts Revenue Goals
Barclays's trading division missed estimates in the third quarter and UniCredit lifted its full-year revenue target after posting better-than-expected net income. Jan-Henrik Foerster reports on Bloomberg Television.
Bloomberg
BofA CEO Moynihan Says Fed Has Won Battle of Consumer
Bank of America CEO Brian Moynihan says consumers are moving from cash into the market and spending less on credit and debit cards. He speaks during an interview with David Westin on "Wall Street Week Daily."
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Bloomberg
Goldman Sachs Profit Slumps 33%; CEO Pleads Patience on Pivot
Goldman Sachs Group Inc.'s property investments drove a $212 million loss in the equity book last quarter and an additional $358 million in impairments contributed to a 33% drop in profit. Su Keenan reports on Bloomberg Television.
Bloomberg
Goldman's Nachmann May Be Reshaping Solomon's Legacy
Marc Nachmann is one year into a critical effort to fire up Goldman's $3 trillion asset and wealth management division, and in the process fire up its stock. If Nachmann succeeds, it could go as far as reshaping CEO David Solomon's...
Bloomberg
Wells Fargo CFO: Economy Slowing, Banks in Good Shape
Wells Fargo CFO Mike Santomassimo discusses the bank's third-quarter earnings and the regulatory environment with Scarlet Fu and Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
Fed's Collins: Rising Yields May Reduce Need for Hikes
Federal Reserve Bank of Boston President Susan Collins says the current phase of monetary policy requires patience during a community banking conference hosted by the Boston Fed.
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Bloomberg
What Bankers Are Saying About Another Possible Crisis
Sridhar Natarajan discusses the current state of the US banking industry with Lisa Abramowicz and Tom Keene on "Bloomberg Surveillance."
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Bloomberg
Barclays to Lay Off 300 Bankers
Barclays is dismissing roughly 50 senior dealmakers as part of the banking giant's annual culling of staffers in its investment bank. The cuts are part of a plan to trim headcount by about 300 people across the corporate and investment...
Bloomberg
UBS CEO Ermotti Sees 'Good Momentum' in Regaining Credit Suisse Funds
UBS CEO Sergio Ermotti said he's seeing "good momentum" in the third quarter in recovering funds that clients pulled from Credit Suisse earlier this year. Speaking with Bloomberg's John Liu in Beijing, Ermotti also discusses client...
Bloomberg
Malaysia PM Reveals New Overtures to End 1MDB Scandal
Malaysian Prime Minister Anwar Ibrahim says Goldman Sachs executives have made new overtures to try and end the costly 1MDB corruption scandal. He speaks with Bloomberg's Haslinda Amin in New York.
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Bloomberg
BNP's Charlotte Conlan on M&A, Private Credit, Leveraged Finance
Charlotte Conlan, vice chair of global leveraged finance an BNP Paribas, discusses the mergers and acquisitions landscape, private credit, and her outlook for the leveraged finance business. She speaks with Bloomberg's Claire Ruckin at...
Bloomberg
BNP's Conlan Sees Banks More Willing to Underwrite M&A
Charlotte Conlan, vice chair of global leveraged finance an BNP Paribas, discusses mergers and acquisitions with Bloomberg's Claire Ruckin at the Bloomberg Global Credit Forum in London.
Bloomberg
Saxo Bank CEO Sees 'Huge Growth Opportunity' in India
Kim Fournais, founder and chief executive officer of Denmark's Saxo Bank, shares his views on the economies and markets in China, India and Europe. He speaks with Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
Citigroup Plans Job Cuts as Bank Is Restructured
Citigroup Inc. is preparing for a wave of job cuts as Chief Executive Officer Jane Fraser restructures the Wall Street giant to operate from five main businesses. Bloomberg's Sonali Basak has the breaking news on "Bloomberg The...