Business
Credit Suisse Crisis | ‘Bloomberg Surveillance: Early Edition’ Full (03/15/23)
Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, and Matt Miller deliver the latest news and analysis on the markets with leaders in global finance and economics. IEA Head of Oil Industry & Markets Division Toril Bosoni says the oil market could quickly shift back to deficit later in the year. Bloomberg’s Yousef Gamal El-Din reports on Credit Suisse’s top shareholder ruling out more assistance to the troubled Swiss bank. BMW CEO Oliver Zipse discusses areas of growth amid weaker overall demand.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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Nasdaq President Nelson Griggs says the record-breaking SK Hynix ADR listing is already attracting looks from more foreign companies that may consider US listings. He says JPMorgan Chase struck the right balance on the SK Hynix pricing. Griggs speaks to Bloomberg’s Ed Ludlow in New York at the Nasdaq.
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@ststephen1231
December 28, 2023 at 12:22 pm
Question. How much has CS got in “lock up” CDs – book entry only but booked as liquids on the balance sheet. When was this looked at and reported on by a. Risk Management b. Internal Audit c. External Audit d. SNB inspectors ? Who is asking such questions ?
@lijie2511
December 28, 2023 at 12:22 pm
The UK practice is a complete joke with the government and BoE focusing two sides of a problem, one contradicting another.
@samgabriel2360
December 28, 2023 at 12:22 pm
It's just the early cracks of very hard landing.
@cicicorleo
December 28, 2023 at 12:22 pm
The United States government and economy under Joe Biden and his circus Sideshow freak administration is absolutely hilarious 😂😂😂😂😂
@deldaribehappy4613
December 28, 2023 at 12:22 pm
Societe Generale is also collapsing!
@leeweisbecker2213
December 28, 2023 at 12:22 pm
15 billion to bank of america is peanuts
@mtndncer
December 28, 2023 at 12:22 pm
Yahoo Finance, CNBC, Bloomberg & even Reuters, ALL FAKE NEWS. They're all just as bad as Fox news, if you don't see that, you're clearly not paying attention! Please, if you are watching these fake news outlets just know it's ALL BS! Ps – when you look at Yahoo finance videos on Youtube, they intentionally TURN OFF THE Comments…..? We know why they do this don't we!!!
@Check-it-out
December 28, 2023 at 12:22 pm
We are looking at a problem caused by very greed-sick people. Why do we allow them to take us hostage time and time again…
@Check-it-out
December 28, 2023 at 12:22 pm
Cash is trash. So why would the big banks be happy ? And why should WE be happy ? They’ll take it to the casino just as fast !
@wegder
December 28, 2023 at 12:22 pm
Just buy Doge coin, pay Elon to pump it then sell.
@Mr300zx90
December 28, 2023 at 12:22 pm
banks are failing and you all are happy , how about all those losers who invest in these banks they lost millions
@spacemonkey571
December 28, 2023 at 12:22 pm
End-stage capitalism.
@615taz
December 28, 2023 at 12:22 pm
BoA ain't the only one seen increase in price. Btc did too!
@crescentprincekronos2518
December 28, 2023 at 12:22 pm
They just may go down Today ☺️ 💀
@anubhavsood9591
December 28, 2023 at 12:22 pm
Gupta's dominating finance in the US…. 👍👍👍
@chaoticrage_eth
December 28, 2023 at 12:22 pm
Remilio
@jesuschrist8
December 28, 2023 at 12:22 pm
Here's my solution to calm everyone down. When a bank collapses, all deposits nationwide becomes insured for a month. After the dust settles, insurance coverage goes back to $250K.