News Clip4:32
Bloomberg

Wells Fargo Profit Declines on Sour Loans

Higher Ed
April 14 -- Wells Fargo said first-quarter profit fell 5.9 percent as the firm set aside more money for soured energy loans and expenses increased. UBS Securities Analyst Brennan Hawken reports on "Bloomberg Markets." Hawken owns no...
News Clip3:09
Curated Video

Obama unveils plan to tackle bad assets on banks' balance sheets

Higher Ed
1. Wide of US President Barack Obama and advisors in Cabinet Room 2. SOUNDBITE: (English) Barack Obama, US President: "As all of you know we have been busy on a whole host of fronts over the last several weeks with the primary purpose of...
News Clip1:34
Bloomberg

BB&T CEO Not Concerned About Auto Loans Going Forward

Higher Ed
Jul.20 -- BB&T CEO Kelly King discusses auto loans with Scarlet Fu on Bloomberg's "What'd You Miss."
News Clip2:33
Bloomberg

How a Shift in Housing Could Impact Car Sales

Higher Ed
Aug.01 -- Neil Dutta, Renaissance Macro Research's head of U.S. economics, discusses recent trends in auto lending with Bloomberg's Scarlet Fu, Joe Weisenthal and Julia Chatterley on "What'd You Miss?"
News Clip6:42
Bloomberg

How Risky Are Uber's Subprime Loans?

Higher Ed
May 31 -- Bloomberg's Eric Newcomer discuss Uber's auto financing programs with Bloomberg's Emily Chang on "Bloomberg West." David Kirkpatrick, Techonomy's chief executive officer, also comments.
News Clip1:33
Bloomberg

Consumer Cracks Emerge in Debt Markets

Higher Ed
Oct.28 -- There are signs that U.S. households are starting to feel stretched, possibly making it harder for them to continue propping up the economy. The evidence is showing up on the debt side. Bloomberg's Lisa Abramowicz has more on...
News Clip13:39
Bloomberg

BofA CEO Moynihan on Inflation Risk, Returning to Office

Higher Ed
Jun.17 -- Bank of America Chairman and CEO Brian Moynihan discusses the state of the U.S. economy, inflation risks and the bank's plan to return employees to their offices. He speaks with Bloomberg's David Westin on "Bloomberg...
News Clip7:50
Bloomberg

KKR's Pietrzak on Asset-Based Finance Fund, Debt Market

Higher Ed
Dan Pietrzak, KKR's co-head of private credit, discusses KKR's new private-credit fund and his outlook for the debt market. The fund will target a return of 13% to 15% and aims to invest in 40 to 50 transactions. He speaks with Kriti...
News Clip2:59
Bloomberg

Carvana Edges Toward Reworking Debt

Higher Ed
The group of debtholders, led by Apollo Global Management and Pacific Investment Management Co., has agreed to band together in preparation for a restructuring of Carvana's obligations. Eliza Ronalds-Hannon reports on "Bloomberg...
News Clip3:01
Bloomberg

General Motors' Expansion Plans for GM Financial

Higher Ed
June 7 -- After purchasing AmeriCredit back in 2010 and renaming it General Motors Financial - GM has expanded the leasing side of its business. But CFO Chuck Stevens says there's still more room for growth. In an exclusive interview...