Bloomberg
Markets in 3 Minutes: Moody's and China Keep Mood Negative
Mark Cudmore and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
Fighting Inflation and Hurting Credit
Michael McKee, Bloomberg's International & Economic Policy Correspondent explains whether there is any correlation between the continued rise in bond defaults and drop-off in lending.
Bloomberg
China Shows Debt Relief Openness: IMF Managing Director
International Monetary Fund Managing Director Kristalina Georgieva said China was coming with more openness to the debt relief talks for stressed developing nations held during the Group of Twenty meetings for finance chiefs in India....
Bloomberg
Barclays CEO on UBS-CS Deal, Bankers Leaving, Expansion
Barclays Plc CEO C.S. Venkatakrishnan talks about the merger of UBS and Credit Suisse, investment bankers leaving the firm, commercial real estate and how higher interest rates impact the bank's business. He speaks to Bloomberg's David...
Bloomberg
China Big Four State Banks Said to Cut Dollar Deposit Rates
China's big four state lenders have effectively cut dollar deposit rates as the yuan weakens against the greenback, according to people familiar with the matter. Charlie Zhu reports on Bloomberg Television.
Bloomberg
BofA CEO: Higher Capital Requirements Will Curb Lending
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.
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Bloomberg
Is the FHLB System Working as Expected?
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."
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Bloomberg
JPMorgan Cuts 1,000 First Republic Staffers
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."
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Bloomberg
Minutes Show Fed Divided on Further Rate Increases
Federal Reserve officials were divided over whether further interest-rate increases would be necessary to lower inflation, minutes from the FOMC's May 2-3 meeting show. Mike McKee reports on "Bloomberg Markets: The Close."
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Bloomberg
Citizens CEO: Bank Being 'Careful' on Commercial Real Estate
Bruce Van Saun, Citizens Financial Group CEO, joined "Bloomberg Markets: Americas" with Alix Steel and Guy Johnson. Van Saun told the anchors the bank is being careful in the commercial real estate market.
Bloomberg
Goldman's Minnis: Take-Privates, M&A Activity Increasing
Christina Minnis, Goldman Sachs co-head of global credit finance, discusses the state of the leveraged finance market with Sonali Basak at the Goldman Sachs Leveraged Finance and Credit Conference.
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Bostic Says Fed Liquidity May Need to Be More Nimble
Federal Reserve Bank of Atlanta President Raphael Bostic says there are operational challenges when it comes to a 24/7 discount window at an event hosted by the Federal Reserve Bank of Richmond.
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KBW CEO Says More Bank Laws Aren't Needed in Wake of SVB
KBW President and CEO Tom Michaud discusses the industry implications of the recent bank crisis with Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
Fed Officials Add 'Skip' to Rate Debate
Federal Reserve officials seem more divided than ever over continuing rate hikes or pausing. Another possibility that's being discusses is a skip. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Fed's Barkin on Inflation, Banks, Rate Policy
Federal Reserve Bank of Richmond President Thomas Barkin discusses the path of monetary policy, the recent banking crisis and the state of the labor market with Mike McKee on "Bloomberg Markets."
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Property Sector Biggest Overhang for China Economy: Hong
Hao Hong, partner and chief economist at Grow Investment Group, discusses the banking crisis in the US and Europe, its impact on Asia's AT1 bond holders and his outlook for China's economy. He speaks on Bloomberg Television.
Bloomberg
Pimco's Clarida Sees US Recession as 'Certainly More Likely'
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), says the odds of a hard landing for the US economy "certainly have" gone up and discusses the impact of higher interest rates on bank lending on...
Bloomberg
Fed Affecting More Than Housing: Loomis Sayles VP
Loomis Sayles Executive VP and Portfolio Manager Elaine Stokes joins Ed Ludlow and Caroline Hyde to discuss the implications of the Credit Suisse crisis and why it shows the Fed is affecting more than just the housing market.
Bloomberg
Lasry on the Risks of Keeping Money in Smaller Banks
Avenue Capital Group Chairman Marc Lasry talks about the risks of keeping money in smaller regional banks. He said the Federal Reserve is trying to shore up confidence now for investors.
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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
SGMC Capital CEO on Markets, Strategy
Massimiliano Bondurri, founder and chief executive officer at SGMC Capital, discusses his outlook for markets and investment strategy. He speaks with Bloomberg's Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak: Asia."
Bloomberg
US Bank Deposits Fall Sharply for Second Straight Week
Commercial bank deposits dropped by $125.7 billion in the week ended March 22, marking the ninth-straight period of declines, according to data released by the Federal Reserve. Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
Yellen Says US Banking System Is Sound Amid SVB Crisis
"Our intervention was necessary to mitigate systemic risks and protect the broader US banking system," US Treasury Secretary Janet Yellen says during remarks at the annual NABE conference in Washington.
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Banks Borrow Much Less From Fed Discount Window
Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be stabilizing. Bloomberg's Michael McKee reports.